Junior Developers Cannot Afford To Wait

摘要

FOR MANY MINING COMPANIES, THE SOLUTION TO THE DEPRESSED PRICE OF METALS HAS SIMPLY BEEN TO WAIT OUT THE POOR ECONOMIC CLIMATE UNTIL DEMAND FOR IRON ORE CLIMBS HIGHER AND RETURNS THEIR OPERATIONS TO PROFITABILITY. THE LARGEST CORPORATIONS IN THE WORLD CAN SIT ON THEIR reserves, but the top junior mining developers are running out of both patience and cash.