EY: Canada's mining sector stagnant
from Business in Vancouver
Canadian mining equities fared poorly again in Ernst & Young's most recent Canadian Mining Eye report, with the index dropping one per cent in Q1 2015, yet much better than in the same period last year, which saw a 12 per cent decline. The index — which tracks Canadian mining sector performance of 100 TSX and TSXV mid-tier and junior companies with market capitalizations between $2.1 billion and $160 million — reveals that most players are still working on controlling expenses, as declining grades continue to put pressure on costs.
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