Fundraising for Latin American and European mining projects falls for 3 years in a row

By Christopher Galbraith | 31 March 2017

From 2013 through 2016, mining and exploration companies raised nearly US$90 billion to support their operations worldwide. The aggregate raised for Latin American and Asian operations accounted for more than one-third of the total, and the aggregate raised for Europe, the U.S. and Pacific/Southeast Asia accounted for less than a quarter of the total. Lesser amounts were raised for work in Australia, Canada and Africa.

The size of the Latin America and Asia/Middle East share is due to strong fundraising activity in 2013 and 2014. The global distribution of where funds are targeted has shifted over the past two years. Latin America has maintained the lead it has held in all years except 2014, but that lead has been narrowed. Meanwhile, Asia/Middle East's allocations have plummeted since a 2014 high.

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