How do we look?--'Canada Day' at Mines and Money London puts spotlight on Canuck mining

摘要

On December 4, Canada's opportunities were on display in the run-up to the Mines and Money conference in London. It was an auspicious beginning for the companies presenting, as they shared the day with Saint Barbara, the patron saint of miners. Although Canada's reputation as a desirable and relatively stable resource investment destination and financial hub is intact, investors willing to take on greater risks to find higher returns were looking for listed companies with assets elsewhere.From an operating perspective, Canada is viewed favourably, said Ed Bowie of Altus Capital, a U.K.-based fund manager in charge of a natural resources portfolio, although he added that certain parts of British Columbia are more difficult than others for general permitting and land claims issues. Also, there are certain areas around the developed world where environmental anti-mining lobbies are more vocal, and this can have an impact as well. In terms of TSX-listed companies and investment, he said that the huge pool of companies, making the exchange the biggest globally, is clearly attractive.