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IPO's Scrutinised - World Mining Stocks by Luke Clancy

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i thought this was interesting .. The standout result in terms of regions for mining focus in the period under review was Africa. Around 80% of funds (from 21 fundraisings) were destined for operations in the region. Africa did not renege on its promise and the average share price rise since issue for companies dedicated to that continent has been a healthy 40%, bettered only by Asia's 46% (from a total of £60 million raised for Asia). Companies operating in South America experienced the biggest slide in share price value, partly due to confidence in the mining investment climate being battered by a surge in radical left-wing politics on that continent. Uranium was the commodity bet to have taken over the last four quarters with Uramin and Nufcor leading the charge. ( Nufcor shareholders are Anglo Gold Ushanti and First Rand Ltd.) PGM plays also fared well.
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