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M&A, 'attention tools' needed for juniors to be relevant

Junior explorers and developers need to merge in order to be "valid" in the market, Bruno Kaiser, managing director and head of metals and mining at Desjardins Securities told delegates at the SME 7th Current Trends in Mining Finance conference in New York.

M&A, 'attention tools' needed for juniors to be relevant M&A, 'attention tools' needed for juniors to be relevant M&A, 'attention tools' needed for juniors to be relevant M&A, 'attention tools' needed for juniors to be relevant M&A, 'attention tools' needed for juniors to be relevant

Passively managed funds are dominant

Kaiser said all main finance trends pointed in this direction, citing factors such as the increasing dominance of passive investing and the 2017 restructure in the GDXJ gold ETF that had become "a