Junior mining companies have certainly been through a tough time of late. Some of the pain has been self-inflicted, some has been a long-time coming and some of it has been pure bad luck! That’s the way cycles go and the world will hopefully soon discover that it cannot do without Junior miners. So how do we make Juniors great again?
2017 has already seen some welcome recovery in commodity prices, but the sustainability of recovery is uncertain and the extent of it not consistent across commodities. Investor amnesia has not quite set in yet so although the hunt for yield is greater than ever, the pain suffered by many investors has made them allergic to the Junior mining sector. Add to that the fact that regulatory requirements are ever more stringent and we’re looking at a fairly grim picture. So how do we as an industry ensure that those Juniors that survived the commodities down-turn not only survive, but deliver the superior returns that they were designed for?