Across the mining and metals industry - in Canada and around the world - we've seen companies facing capital constraints turn to lower-risk value-creation and growth strategies. Continued economic uncertainty and commodity price volatility has created a breed of new risk-averse investor. Gold prices, for example, fell by more than 28% in 2013, polarizing gold mining companies to either rich buyers or poor sellers. Chief among the considerations companies in search of capital are pursuing is the divestment of non-core or non-strategic assets. More and more players are viewing these transactions as an opportunity to raise and reinvest capital into areas that lend to the company's strategic advantage or long-term success - rather than the mark of failure that was once perceived.
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