Post by
FrozenInOntario on Apr 01, 2021 10:53am
Mining profits reach $230 billion a year
What do miners with record profits ? And what happen when junior can rise capital to explore ?
Seems to me that there will be more drilling and that utilisation will increase and rates will follow as it is not that easy to add capacitiy to the market.
The next years should be quite good for drillers.
https://www.mining.com/mining-profits-reach-230-billion-a-year-only-topped-by-oil-gas-pharma/?utm_source=ONTRAPORT-email-broadcast&utm_medium=ONTRAPORT-email-broadcast&utm_term=OWTW+Send&utm_content=Growth+In%2C+Value+Out%3F+-+OWTW&utm_campaign=20210401