Capital-starved mining sector creates buyer's market for investors: Reuters
Specialist mining investors have found a “buyer’s market” for projects as the mining sector struggles to compete for funding with new industries, Reuters reported, citing industry executives at a conference this week. Smaller mines and developers who previously found capital through retail investors in public markets are increasingly turning to specialist investors such as private equity or companies that seek returns in mining royalties, the executives said. Mines need to replenish their supplies and expand while developers are desperate for funding to better quantify what they have found underground.
2 November 2018•2 mins read
