Mining juniors: consolidate or collapse

By Leith van Onselen

ABC’s The Business last night screened an interesting short segment (above) on the pain being felt by junior miners and explorers as the China-induced commodity price boom unwinds.

According to the segment, there are around 600 listed junior miners and explorers, many of whom are suffering from lack of funding and facing collapse unless they consolidate.

Many of these juniors are also cutting jobs and salaries in order to save on costs and remain afloat.

unconventionaleconomist@hotmail.com

www.twitter.com/Leithvo