Now more than ever, only select mining companies are attracting investors. Luke Smith, head of mining research for Canaccord Genuity in Melbourne, argues that low costs, increasing cash flows and improved net cash positions are crucial for gold companies.
Sometimes the worst of times brings out the best in people. Such is the case in Australia's mining sector, according to Richard Karn. While some companies are floundering or failing altogether, Karn has noticed a few shining exceptions.