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Mine builders caught in inflation crosshairs, says CIBC

Inflation is hitting mining firms in build-mode the hardest, an analysis of North American-listed firms by Vancouver-based CIBC Capital Markets has found.

Mine builders caught in inflation crosshairs, says CIBC Mine builders caught in inflation crosshairs, says CIBC Mine builders caught in inflation crosshairs, says CIBC Mine builders caught in inflation crosshairs, says CIBC Mine builders caught in inflation crosshairs, says CIBC

Development needs more cash

Development and growth capex inflation, at around 40% annually, is as much as four times as operating costs inflation of around 6%-9%.

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