Availability of Bank Debt Financing to the Mining Sector

Canadian Institute of Mining, Metallurgy and Petroleum
Organization:
Canadian Institute of Mining, Metallurgy and Petroleum
Pages:
20
File Size:
174 KB
Publication Date:
May 1, 2009

Abstract

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?Bank Lending to the Mining Sector affected by 2 broad factors since Mid 2008: 1. Economic Downturn (?the Real Economy?) for mining companies directly reflected in lower metal prices (current and forecasted). In the case of gold companies, minimal effect. 2. Financial Crisis (?the Credit Crunch?) as it has affected the lending activities of those banks active in the mining sector.
Citation

APA:  (2009)  Availability of Bank Debt Financing to the Mining Sector

MLA: Availability of Bank Debt Financing to the Mining Sector. Canadian Institute of Mining, Metallurgy and Petroleum, 2009.

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