Junior explorers raise most cash in over a year

DESPITE soft market conditions, junior mining and exploration companies have raised the most cash since the March quarter last year.

Junior explorers raise most cash in over a year Junior explorers raise most cash in over a year Junior explorers raise most cash in over a year Junior explorers raise most cash in over a year Junior explorers raise most cash in over a year

Image: iStock/amanalang

Data from Austex Resource Opportunities found juniors (any company filing an Appendix 5B cashflow report on the ASX) raised a collective A$1.1 billion in the September quarter.