Mining News

Venture capital funded greenfields exploration is world’s riskiest pursuit, Junior Indaba hears

A deep understanding of the critical drivers of high-risk greenfields exploration by junior resource companies is needed in South Africa, where exploration of a low-risk brownfields kind by major mining companies dominates. “You can’t hope to attract venture capital funded juniors to invest in your country if you don’t understand how their business model works,” Minerals Council South Africa CEO Roger Baxter said during his keynote address on day one of the 2022 Junior Indaba covered by Mining Weekly. (Also watch attached Creamer Media video.)

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