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'If you have the value, you will get the money' - mining sector better than it appears says Hoffmann

Kitco Media
By Andrew Topf
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 (Kitco News) - Last year's bleak resource market was not as awful as it seemed, said Soar Financial CEO Kai Hoffmann.

In mid-January Hoffmann recorded Kitco Roundtable with Kitco correspondent Paul Harris and mining audiences manager Michael McCrae at the Vancouver Resource Investment Conference 2024.

Hoffmann also runs Oreninc, which tracks resource financings. He noted that last year's total financings were greater than 2022.

The types of projects that are getting financed is the differentiator. While many juniors are finding funding hard, Hoffmann said that good projects are attracting investment. He noted recent financings like Solaris Resources receiving a $130 million investment from Zijin Mining, FPX Nickel securing $45 million funding and Samsung dropping $18 million into Canada Nickel--all of which occurred in the month of January.

"If you have the value, you will get the money," noted Hoffmann.

Kitco Roundtable is sponsored by Snowline Gold. 

Kitco Media

Andrew Topf

With over two decades of journalism experience, Andrew writes about resource companies and trends. Along with Kitco, his work has been published by MINING.com, Investing News Network, Oilprice.com, and syndicated across major international business news platforms including Stockhouse, Business Insider, CNBC, Yahoo Finance, Al Jazeera and TIME Magazine.

Tags:

Kai HoffmannSnowline Gold.Soar Financial

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