Investors have begun to see the South African junior mining sector as an independent sector they need to include in their investment portfolios as the market capitalisation of the Nedsec Junior Mining and Exploration Index (NSJME) has reached R63.1 billion (US$8.9 billion). Paul Miller, mining and resources investment banker at Nedbank Capital, told Mineweb today that investor portfolios could no long...
JOHANNESBURG -Junior miners on the JSE will receive greater exposure through a new index launched especially for them. Nedbank Capital, a specialist financier of junior mining companies, created the initiative, which is called the NedSec Junior Mining and Exploration Index. On traditional JSE mining indices, the majors eclipse junior miners. For example, the JSE’s mining index has just 5% of...