Mines and Money '14: Industry recovery is years, not months, away

By Laura Syrett
Published: Tuesday, 02 December 2014

Gun shy investors are still skittish about capital mismanagement and low mineral prices. These need to change demonstrably before confidence can return, leaving a bleak outlook for exploration stage mining companies.

Miners have been warned not to expect a recovery in project funding for at least the next year, as the drought in public funding continues and private investors look to cherry pick assets with existing or imminent cash flow.

Recovery of projects funding in the mining industry may take years,...