Junior Mine 2012

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Must survive before you can thrive

Equity financing, raised by 2012’s Top 100 mining companies listed on TSXV, as at June 30, decreased by a troubling 41% totaling $1.6 billion compared to $2.7 billion raised by 2011’s Top 100 juniors. The juniors’ struggle to raise equity corresponds with their overall decline in market cap. Market cap for the Top 100 fell from $20.6 billion in 2011 to $11.7 billion 2012, representing a 43% decline. Compared to the prior year, only 39 companies in 2012’s Top 100 held or increased their market cap – 61 companies lost market cap.

These troubling results reflect a volatile market, populated with skittish investors who want greater returns.

So what does 2013 have in-store for juniors? Read the full report to see who made it in this year’s Top 100, what their financing strategies were in 2012, and what industry leaders expect to see happen in 2013 in terms of financing and growth opportunities for this year’s Top 100.

Featuring interviews with:

• Peter Cashin, President and CEO Quest Rare Minerals
• John McCoach, President TSXV
• Nolan Watson, President and CEO Sandstorm Gold

Previous editions

Junior Mine 2011: Volatility, the new “business as usual” Download the full PDF article.

Junior mine: Trends in the TSX-V2010 (October 2010) Download the full PDF article.