Data from the Prospectors and Developers Association of Canada (PDAC) has revealed that preproduction companies in Canada are seeing a drop in major investment despite the nation’s demand for green-transition metals. The data shows that while funding for such companies has all but disappeared, battery metals as well as uranium have experienced a surge in funding compared to gold.
Last year represented the first time in a decade that the TSX Venture Exchange, where plenty of junior mining exploration companies are…
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