Capital raising in a challenging climate

The current economic climate can make it difficult for mineral mining and exploration companies to raise much needed capital to maintain operations.

The number of IPOs listed has decreased significantly since 2011 and has been steadily decreasing since 2007, as seen in the graph below. This has been made worse by falling commodity prices, higher operational costs and the high Australian dollar – reducing overall confidence in the market.

"As part of the AMEC Convention 2013, we have organised a panel session of leading industry professionals, specialising in capital raising and financial markets," said Simon Bennison, CEO of AMEC.

"This panel session is a must attend for mineral mining and exploration companies looking for options to raise capital in the current economic climate. It will address the key issues and discuss possible solutions."

This panel session is chaired by Peter Klinger, Business Editor for The West Australian, and will provide an opportunity for questions from delegates.

Panel members
Amanda Harkness, Group General Counsel and Company Secretary, ASX Group
Morgan Ball, Managing Director, BC Iron
Liam Twigger, Managing Director, PCF Capital
Geoff Rasmussen, Managing Director, Azure Capital 

The AMEC Convention 2013 will be held at the Perth Convention and Exhibition Centre from 3 – 4 September. It is organised by the Association of Mining and Exploration Companies (AMEC), Australia's peak industry body for mineral exploration and mining.

For more information about the AMEC Convention 2013 or to register today, visit www.amecconvention.com.au