logo-loader
Mining
Jangada Mines PLC

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: 1.65 GBX

Market: AIM
Market Cap: £3.92 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Cabral Gold initiates more drilling on their gold project in...

Cabral Gold (CVE: CBR) CEO Alan Carter sat down with Steve Darling from Proactive Vancouver to discuss the company starting more drilling on their project in Brazil. Carter talks about where this drilling if focussing on. Carter also told Proactive they have also bought a new piece of...

1 day, 5 hours ago

2 min read