Our Grant Thornton Australia colleagues have prepared the attached findings from their seventh annual survey of Junior Mining and Exploration companies (JUMEX).
This report provides UK corporates and investors with a comprehensive market overview of the of the Junior Mining and Exploration sector in Australia and general themes applicable to the wider global mining industry.
After several challenging years, what they see is a definite improvement in market conditions for junior miners, which has been sustained for over six months. There has been a notable increase in successful fund raises, particularly for gold and lithium stocks, and investor interest also seems to have filtered more broadly into other commodities, particularly for advanced stage assets.
The report outlines the experiences of junior miners regarding fund raising, investor sentiment, challenges and constraints to business and also their corporate strategies, expectations and intentions for the future. We also explore ideas for growth and positioning for success including:
- opportunities for innovation and benefits of adopting new technologies
- the importance of the board and the benefits of diversity of thought at the board level
- opportunities for exploring partnerships and collaborating
- ways to build investor trust and support