Graham Dallas from the TMX Group gives his thoughts on the Mines and Money event, but also goes on to give us an overview of the state of the mining industry at the moment. He describes the atmosphere in the industry as positive but not euphoric mood, and sees a good level of activity in the markets.
He thinks perhaps the markets are more realistic about the financial situation at the moment. Whilst it’s been a long time since a lot of people made a lot of money on mining shares – 2018 saw billions of dollars being raised by mining companies, many of it on the TSXV ventures exchange. With approximately 20% of the main index having started life on the venture exchange, that’s an important signal about the future growth potential for these junior companies.
Watch the full interview for more details:
About the TMX Group
The TMX Group is perhaps best known for its stock exchanges, the Toronto Stock Exchange (TSX) which serves the senior equity markets, and the TSX Ventures Exchange (TSXV) which is focuses on the publix venture equity market.
TMX Group Limited is a Canadian financial services company that operates equities, fixed income, derivatives, and energy markets exchanges. The company provides services encompassing listings, trading, clearing, settling and depository facilities, information services as well as technology services for the international financial community.
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MiningIR host a variety of articles from a range of sources, our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.