Gold – Money: mining companies need it and investors want to know what companies will use that money to make them money. An innovative conference sponsored by the Society for Mining, Metallurgy and Exploration (SME) called "Current Trends in Mining Finance—An Executive's Guide: What Are Lenders, Investors Looking For?" brought together about 145 experts who were actively funding and running companies for answers. In this interview with The Gold Report, SME Executive Director David Kanagy and Conference Co-Chair Tim Alch share some insights about alternative funding that could help more companies survive the year.
Articles Tagged "funding"
Fewer deals were closed last year, but the rise of non-traditional players, particularly state-backed firms, continued unabated.
Silver Investing News reports Arian Silver’s loss of $481,000 in pre-taxes. Silver explorer Arian Silver has posted a pre-tax loss of $481,000 in the quarter to March 31 after deferring all Mexican silver exploration until it receives new funding. For complete story, click this link. Follow developments in resource mining and exploration for free. Sign [...]
Gold Investing News reports gold has a better outlook than the US economy. Spot gold bid at $928.50 an ounce in the early hours of Monday, compared with $930.70 late in New York on Friday, when it touched $933.65, its highest level in seven weeks, after data showed U.S. core inflation in April rose more [...]
Gold Investing News reports a deal between Centerra Gold, a Canadian company and Kyrgyzstan’s lawmakers. The settlement will raise the state’s share in Canada-based Centerra Gold Inc. (CG.TO), which owns the lucrative Kumtor mine, to 33 per cent from 15.7 per cent previously. In addition to increasing Kyrgyzstan’s role in the Kumtor project, the $100 [...]
Gold Investing News reports gold price rallies with news of global pandemic flu spreads. By Tuesday however, gold slipped below $900 for the first time since Thursday. It jumped to its highest since early April at $918.25 on Monday. Fears of a global swine flu pandemic grew with new infections in the United States and Canada [...]
Gold Investing News reports gold prices fell slightly while the dollar strengthened. According to analysts, optimistic investors read many recent commodity price gains and positive economic readings as an end to the downturn and are starting to unload safe-haven gold. What added to the melee was a firmer dollar, that also weighed on gold prices. [...]
Nickel Investing News reports nickel price spurs with G20 leaders’ support for the global economy. LME base metals posted gains across the board, with nickel leading the way, up 12.7 per cent. The impetus was a direct reflection of sentiment, but lacked a change in underlying supply-demand fundamentals. The sentiment adjustment also induced a short-covering [...]
Nickel Investing News reports nickel has taken a dive to 80% since May 2007. Nickel demand for 2009 is forecasted to see a second annual decline. Global demand will reach 1.15 million tonnes this year; consumption was 1.27 million tonnes last year. Stainless-steel accounts for about two-thirds of nickel demand. Demand from the top market, the [...]
The Chicago Resource Expo will be held on April 24th and 25th in Rolling Meadows, Illinois. It is the oldest conference of its type in North America, and provides a unique, intimate venue of exhibitors, attendees, as well as keynote speakers. This semi annual event, started by Richard Radez back in 1977, offers investors the [...]