2014 hasn’t been the best year for mining companies, and those involved in exploration and development have been having an especially difficult time. Indeed, a recent white paper from SNL Metals & Mining is not out of line in calling the situation a “persistent financing drought.”
However, despite the volatile market, there’s definitely still some silver lining out there. A recent report from Haywood Securities entitled “Down But Not Out — Identifying Opportunities in the Exploration and Development Space” looks at several companies that the firm believes are positioned to do well next year.
Overall, Haywood suggests that “while the [exploration and development] group may be down, it is certainly not out, with many good opportunities remaining.”
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