| In a release timed to coincide with this year’s big Mining Indaba meeting in Cape Town, Standard Bank’s London-based global head of mining and metals, Rajat Kohli had some very pertinent comments to make on the necessity for the mining industry to consider innovative funding structures in 2014.
Equity markets are spurning new resource ventures amid continuing uncertainty in the commodity price outlook, spurred in part by the Federal Reserve’s decision to begin withdrawing its unprecedented monetary stimulus. Meanwhile existing quoted companies equity valuations, particularly in the gold sector, have fallen so low that raising money in equity markets leads to unacceptable dilution...............................................Full Article: Source
|