In 2016, the mining industry saw an increasing number of companies with market caps rising above 50 million for junior players, a huge number after years of declining market caps and de listing for juniors.
That’s just one of the big takeaways from the 2017 mining outlook survey, from Pedersen and Partners. The survey looked at what issues of concern in predicting the economic outlook for the mining sector in 2017, and asked 114 executives across the Canadian mining sector for their say.
“The outlook for 2017 is still very much subject to change, given current geopolitical complexities in resource rich countries such as the US, South Africa, Brazil. Venezuela, Vietnam and Indonesia, to name a few,” says the report.
“In spite of this, or perhaps even because of this, the general climate seems to be one of increasing optimism,”
Here are some of the biggest takeaways from the survey: