Resumen de Thawing investor sentiment fails to boost mining IPOs
According to the ASX's "Upcoming floats and listings" board, five mining companies are due to complete IPOs on the market within the next month. However, most of these are focused on gold, rather than industrial metals and mineral commodities.
"The combination of investment banks falling out of love with commodities and IPOs not serving the smaller companies is worrying for junior exploration and mining companies," the SNL report said. "The global economy might have turned the financial corner, but this is not yet true for the mining sector." "The wider IPO market is doing very well, but none of it is mining," [Hunter Hillcoat] said. "You could probably do a gold IPO in Australia, but it's pretty tough for most other minerals and metals," he added.
