VANCOUVER – In the final talk of the Association for Mineral Exploration British Columbia’s (AME BC) Roundup conference, PI Financial’s vice-president of mining investment banking Jim Mustard gave the audience reason to believe gold prices will stabilize and investors will start returning to the mining sector in 2014 – but only if miners do their work to restore tattered relationships.
“We have been through a crisis, I certainly believe that,” Mustard said. “Now the mining sector needs to rebuild its trust with investors. There have been huge problems with the sector, whether it’s technical, whether it’s financial, whether it’s over-optimism. We need to rebuild trust – we need to make investors money in this industry again, and I think this is a fantastic place to start.”
Looking around the sector, Mustard sees opportunity …
Continue reading this story at NorthernMiner.com/news/guarded-optimism