Blog — 28 Jun, 2021
State of the Market: Mining Q1-2021
Highlights
Number of gold and copper projects drilled hit record high
Funds raised for projects reached a 5-year high of $10.56 billion
2021 total capex forecast up 18% YOY to $176 billion
Driven by strong prices and equity market support, the aggregate market capitalization of mining companies reached a multiyear high of over $2 trillion in Q1-21. Will mining recovery be sustainable? Read our quarterly review.
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