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Traditional junior exploration funding sliding to extinction

Junior exploration funding continues to decline, according to State of Mining Finance 2019, a report produced by the Prospectors and Developers Association Conference and Oreninc on the eve of PDAC’s annual conference in Toronto, Canada.

Traditional junior exploration funding sliding to extinction Traditional junior exploration funding sliding to extinction Traditional junior exploration funding sliding to extinction Traditional junior exploration funding sliding to extinction Traditional junior exploration funding sliding to extinction

Joe Mazumdar at the Metal Investors Forum, Toronto

The report says the number of junior financings on the TSXV fell to 885 in 2018, raising $2.4 billion, from 1,178 in 2017 that raised $3.1 billion.