“Mining companies continue to struggle to raise capital as a new report shows mining finance dropped 56% in the second quarter. Falling metal prices, nervous banks and risk-averse investors are the main reasons behind the lack of capital, said IntierreRMG. The company said that second quarter finance figures totalled $2.28 billion compared to $5.16 billion in the first quarter of 2013 and $6.12 billion in last year’s comparative quarter. The report stated that producers were the hardest hit with the fall of almost 65% from the largest companies; they saw financing drop from $3.71 billion to $1.24 billion.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
New England Marijuana Legalization Bills Coming
Is this Sandpoint, Idaho -- or Soviet Russia?
FCC regulates Internet, but can't build a website with $450m budget
Israel's Killer Robots
First ‘Jackpotting’ Attacks Hit U.S. ATMs
Why the US is Really Chasing War With Syria
How the Feds Use Transportation Funds to Spy on You
"Why Did You Call the Police? They Don't Help"
'Fiscal Cliff' Bill Provides for Cheaper Office Space for Goldman Sachs
In phishing attack, Microsoft’s unmentionables aired by hacktivists
Cyprus bailout: What are individual EU member states on the hook for?
Circle Financial Receives $17m To Fund Bitcoin Exchange and Wallet
Another Cop Shoots Himself Instead of the Dog He was Trying to Kill
Berlin Becomes Latest ‘Bitcoin Hotspot’
Man With 4th Amendment Written on Chest Wins Trial Over Airport Arrest