North American Miners Sell Shares at Fastest Pace Since 2013

By Geoffrey Morgan and Monique Mulima – Bloomberg

Mining companies are selling shares at the fastest clip in a decade, and investors looking for exposure to sharply higher gold prices and in-demand critical minerals can’t get enough.

With October nearly finished, mining and metals companies across North America have raised $2.9 billion across 185 deals – an accelerated pace that will mark the largest monthly volume for sales of new shares by public companies in the sector since November 2013, according to data compiled by Bloomberg.