Small miners are finding it increasingly difficult to raise capital to fund new ventures despite the positive demand outlook for several commodities and a world still largely awash with cheap credit.
After that it was a game of seeing whether companies actually build and operate a mine, or whether a bigger player would come along and make a takeover offer. Small-cap miners are finding it harder to raise capital through their listings, especially if they are seeking to raise amounts similar in size to their total market capitalization.
Private equity and funds managing family wealth also tend to only want to invest once the project is more advanced. Given their expectations of high returns, these investors also tend to demand large stakes in the venture and some degree of management control or oversight. While large mining companies can afford these processes, small miners are less able to fund public relations and other community campaigns to meet these goals.
Source: News Formal (newsformal.com)
globeinvestor Buncha small dads
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘A hit to SNC’s reputation’: Chilean state-owned miner fires embattled company, adding to its woesThe incident underscores just how much of SNC’s expansive business is connected to government-funded contracts Not enough brIbe money offered and paid. Come on, SNC-L get with the program and don't be so 'cheap'.
Source: nationalpost - 🏆 10. / 80 Read more »
Canucks Extra: Ducks may be struggling, but their kids have been playingThe Canucks dropped a game against the Ducks that they probably should have won.
Source: VancouverSun - 🏆 49. / 61 Read more »
Chile’s state miner Codelco cancels major contract with SNC-LavalinCodelco said it terminated a US$260-million contract with Montreal-based SNC-Lavalin because of what it called a 'serious breach of contractual milestones’ by the Canadian firm in the construction of two sulphuric-acid plants globebusiness I wonder is SNC was involved in pushing people off their land in central america globebusiness That's called a Liberal SNCLavalinScandal boomerang to DrainTheSewer
Source: globeandmail - 🏆 5. / 92 Read more »
SNC-Lavalin ‘appalled’ and ‘surprised’ as Chilean miner Codelco cancels $260-million contractSNC has ‘seriously’ and ‘repeatedly’ breached aspects of its contracts, says Codelco delays in construction and in payments to subcontractors, as well as quality issues😀
Source: nationalpost - 🏆 10. / 80 Read more »
Pilot: Cruise ship woes off Norway started with engine snagsThe Norwegian pilot on the cruise ship carrying more than 1,300 people that was caught in a hefty storm off the coast of Norway said Tuesday the situation worsened when engine problems appeared.
Source: CTVNews - 🏆 1. / 99 Read more »
EU agrees to delay Brexit to May 22 -- but only if May gets deal passedEuropean Council President Donald Tusk says he has spoken to British Prime Minister Theresa May and she has agreed to the bloc's plan for a Brexit delay. A French EU rep has called her new cat 'Brexit'. “He wakes me up daily meowing to death at the door since he wants to go out and then, when I open the door, he stays put, undecided, refusing to leave and then he glares at me when I put him out like I did something wrong'
Source: CTVNews - 🏆 1. / 99 Read more »
Review: An Audience of Chairs is a small, graceful study on the rhythms of lifeCarolina Bartczak offers a graceful portrayal of a mother living with mental illness who is forced to cope after losing custody of her children
Source: globeandmail - 🏆 5. / 92 Read more »
Report on Small Business Newsletter: Top takeaways for private companies on the federal budgetReport on Small Business Newsletter: Top takeaways for private companies on the federal budget GlobeSmallBiz
Source: globeandmail - 🏆 5. / 92 Read more »
Report on Small Business Newsletter: The Globe launches new ranking of top growing companiesReport on Small Business Newsletter: The Globe launches new ranking of top growing companies GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »