1、Major mining investors
In 2019, the major mining investors in the world are private investors (32.3%), investment management institutions (12.6%), private equity investment (10.2%), commodity traders (8.4%), investment banks (8.4%) and other types of investors (28.1%)
2、Global exploration budget declines 3% in 2019
Global exploration budget for nonferrous metals decreased by 3% last year to an estimated $9.8 billion from $10.1 billion in 2018, according to S&P Global Market Intelligence’s latest World Exploration Trends report. The decline in planned spending halts a two-year rebound in the exploration sector.
Geographically, Australia saw the highest rise in budget allocations last year, increasing by $199 million to $1.53 billion, and surpassing Canada for the first time since 2001. Canada slid by $134 million to fourth place with $1.31 billion.
Latin America remains the top region for exploration despite its $2.62 billion budget being $117 million less than the previous year. In third place is the diverse “rest of world” region, which includes Europe and mainland Asia. Allocations to the latter fell by $241 million to $1.44 billion in 2019, placing it behind Australia for the first time since 2003.
The uncertainty about a near-term demand for commodities remains a hindrance to the industry. The exception to this is gold, which has benefited from the current geopolitical situation. With this in mind, we expect the global exploration budget to be flat in 2020, with gains for gold likely to be offset by weaker conditions for most other commodities.
3、Mining financing and M & A activities increase
Miners are focusing on optimizing their portfolios and exploring new options for growth while maintaining capital discipline.
Global M&A deal value increased 5% year over year (y-o-y) to US$81.1b, while deal volume declined 4% y-o-y to 438, with the top five deals accounting for 42.6% of the overall value during 2019. M&A increased in all categories of deals, small (less than US$10m), medium (US$10m to US$200m) and large (greater than US$200m), indicating capital is available for the right investment opportunities.
For the majority of companies, the focus of M&A was to replenish portfolios that shrunk as mining and metals companies worked to restore balance sheets and focused on shareholder returns. In parallel, there has been mounting pressure on technology and automotive companies to secure the necessary supply of new world commodities, such as lithium and cobalt, which has opened another avenue of potential disruption to current business models.
4、IPO in Mining Markets
Capital raisings for for mining IPOs was abysmal in 2019 .The ASX fell from a decade-high in 2018 to a four-year low in metals and mining IPO capital raisings in 2019, but still outperformed both the Toronto and London exchanges in overall sector raisings thanks to healthy gold M&A activity.
While A$6.9 billion in IPO capital was raised in 2019 for 92 new listings across all sectors, just six were in metals and mining, which raised A$32.6 million, a stark drop from 2018 when Coronado Global Resources Inc. (A$774 million IPO), Jupiter Mines Ltd. (A$240 million) and Nickel Mines Ltd. (A$200 million) bolstered the sector's numbers.
ASX Listings Business Development Manager Josh Collard said metals and mining saw A$6.6 billion raised in for 2019 in the follow-in market, which saw A$51.6 billion raised across all sectors, taking the exchange's total capital raised for both IPOs and follow-ons to a total of A$58.5 billion.
The ASX's total 2019 metals and mining capital raisings outperformed the sector totals for both the TSX (US$1.4 billion including the TSX-Venture & Canadian Securities Exchange) and the LSE (US$2.8 billion including AIM).
About Rockx Capital:
Rockx Capital, the valuable partner of junior exploration companies ,was founded by a number of mining Competent Persons, focusing on investment of rare and precious mineral resources, focusing on rare and valuable mineral resources investment, focusing on "small and nice" mining exploration projects.
Significant position of resource industry
The core team has the signing right of JORC technical report recognized by CRIRSCO, which is used for the public listing of mining projects in Canada, Australia, Hong Kong and other international capital markets.
Rich Mining Experience
Our core team have complete experience in mine exploration, development and construction, mining and mineral processing plant operation. In the past, our core team has served more than 40 countries. The mining projects we’ve participated in evaluation and consultation worth more than US $3 billion, and we led the development, construction and operation of many large-scale mining projects, with minerals including: gold, copper, silver, cobalt, lead, zinc, lithium, coal, etc. Our customers including Anglo American gold (South Africa), KORES (South Korea), SUEK (Russia), Rio Tinto, Anglo American, Glencore, Xstrata, Mongolia Mining Corporation (Mongolia), China Shenhua, China National Coal Group, etc.
Value-added Service
Combine GP's experience in mine exploration, operation and safety management.
Exploration quality control and optimization.
Mining and Mineral Process optimization and management improvement.
Promote mines to grow to new stages at a lower cost.
Contact us
Website: http://en.rockxcapital.com/ && http://www.rockxcapital.com/
Email:info@rockxcapital.com
Tel: 86-28-85112667
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