Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.
After a tough 2014 junior mining companies will no doubt hope the economic headwinds start to recede in 2015. But it is already too late for some, their fates sealed by evaporated treasuries. Many of these companies tried to weather the storm by slashing expenditure and praying for a return of supercycle conditions to excite the market once more. Other juniors saw the writing on the wall long beforehand. The smarter ones realised that advancing their core projects would increasingly depend on securing alternative finance and taking other innovative measures. But this route takes time, a precious commodity many juniors no longer have. It also comes with an important caveat: the project in question must be attractive enough to build interest in the first place.
After a tough 2014 junior mining companies will no doubt hope the economic headwinds start to recede in 2015. But it is already too late for some, their fates sealed by evaporated treasuries. Many of these companies tried to weather the storm by slashing expenditure and praying for a return of supercycle conditions to excite the market once more. Other juniors saw the writing on the wall long beforehand. The smarter ones realised that advancing their core projects would increasingly depend on securing alternative finance and taking other innovative measures. But this route takes time, a precious commodity many juniors no longer have. It also comes with an important caveat: the project in question must be attractive enough to build interest in the first place.
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