The Prospector News Publisher, Michael Fox talks to Kai Hoffman, CEO of Soar Financial and Operator of the Oreninc Index about the state of Mining Finance at the end of 2022. In spite of the dismal markets, Mining companies managed to raise just over $4 Billion in 2022. Although this was down 40% from the previous year (A record year in Financing) it was still twice as large as the lows of 2015. So a glass half full optimistic look at the year.
In 2023 we discuss a return to normal financing cycles. Given the decline in the US dollar index, the commodities markets have been on the rise since late October, but as of yet that hasn’t translated into growth in the miners. Kai expects as the year progresses the financing markets should improve.
Finally Kai is one of the featured speakers at the NY SME on demand presentations beginning January 10th. To hear his talk “Christmas Presents and Death Spirals” Register here to have access to his and all the other talks.
Register for the NY SME On Demand Here https://community.smenet.org/newyork/…
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