Fortune Minerals Ltd T.FT

Mining lobby warns Ottawa against taking miners for granted

[Allman]

... “We have projects now that are almost shovel-ready but they are having trouble raising financing,” said Gratton, who represents a group of about 50 of the country’s biggest miners. “They sort of have taken our sector for granted, just assumed that Canada is a mining powerhouse, and we are going to be fine, but we are not.” ...

https://financialpost.com/commodities/mining/miners-seek-aid-before-federal-budget

[geolith]

This is absolutely correct. The previous markets had investors buying into a project, and then supporting development up the Lassonde curve.  Generally that was where the large and intermediate buyers stepped in.  Over the past 10 to 15 years large and intermediate miners have slowed their purchases, forcing companies to work through the PEA, PFS and FS stage.  And in doing so slide