Listing industrial mineral companies on the Toronto Stock Exchange

Canadian Institute of Mining, Metallurgy and Petroleum
Maureen Jensen
Organization:
Canadian Institute of Mining, Metallurgy and Petroleum
Pages:
2
File Size:
974 KB
Publication Date:
Jan 1, 2001

Abstract

For mining companies looking to establish a strong North American presence, raise their profile or finance and position themselves for future growth, there is no other destination in the world that can offer a mining company the same opportunities as Canada whether you are an established blue chip or promising junior. Despite historically poor world commodity markets and shaky investor sentiment towards junior explorers caused in part by fallout from the high profile Bre-X fraud, Canada continues to shine as the undisputed mining finance capital of the world. Our natural riches and mining history go a long way to explain Canada's international prominence in mining finance. Canada has actively created and maintained one of the most integrated national frameworks to support mining ventures of all kinds. Our diverse industry, from one-person grass-roots explorers to mining industry giants, is one of our main strengths whether your company is Canada-focused or internationally active. The mining industry continues to be a vital contributor to the Canadian economy, contributing $26.2 billion in 1997 or 3.8% of national GDP, and is the second largest earner of foreign exchange. Industrial mineral companies are a very important part of this strength. These companies require a continuing access to capital to ensure that they can continue to compete and the globalisation of the Canadian mining industry has affected this industry just as much as it has affected every other industry in Canada.
Citation

APA: Maureen Jensen  (2001)  Listing industrial mineral companies on the Toronto Stock Exchange

MLA: Maureen Jensen Listing industrial mineral companies on the Toronto Stock Exchange. Canadian Institute of Mining, Metallurgy and Petroleum, 2001.

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