By: Neils Christensen
(Kitco News) – The mining industry needs to significantly downsize if the sector is going to attract the attention of retail investors again, this according to one financing executive.
On the sidelines of the Xplore 2017, the Québec Mining Exploration Association’s annual conference, Chad Williams, president of Red Cloud Klondike Strike, told Kitco News that 90% of listed mining companies are not big enough to be viable and could be hurting the sector, taking coveted capital away from viable companies and projects.
By: Neils Christensen
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