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Mining Capital's Alastair Ford on the 'weakness' in the London mining IPO market

Mining Capital's Alastair Ford talks through the implications of the  cut by the IMF in their forecast for US growth on metals and mining.

Ford also talks through the two mining IPOs of the week just gone - Jangada Mines (LON:JAN) and Phoenix Global Mining (LON:PGM).

''The London mining scene has been much quieter than many anticipated it would be at the beginning of the year''.

''Phoenix Global raised £4.6mln which was actually the second largest mining raise of the year which I think is a statistic which says a lot about the weakness in the mining IPO market in the UK''.

Quick facts: Jangada Mines PLC

Price: 1.98 GBX

AIM:JAN
Market: AIM
Market Cap: £4.79 m
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