Volkmar Guido Hable–The mining cycle always comes back
The mining cycle always comes back — let’s take full advantage of the opportunity on our doorstep. After spending the better part of the last half-decade in a bear market, the mining industry is feeling the early effects of two forces that will influence both companies in the sector and investors with the patience to play the long game. Those who bought when almost everyone was ignoring natural resources will soon be rewarded for placing careful bets and biding their time. Considered against the backdrop of slower exploration activity and a lack of new deposits ready to come on-stream, the convergence of these forces is setting the stage for a powerful resurgence in the mining sector that will have an impact here in B.C. and across Canada. China’s plan to urbanise rural areas, which have yet to experience the type of growth seen in the country’s coastal cities, combined with U.S. President Donald Trump’s $1-trillion plan to modernise America’s crumbli...