Canada’s critical minerals push faces capital gap: RBC
Canada has channelled just 11% of its mining capital into critical minerals over the past 25 years, leaving the country behind global peers as demand for strategic resources accelerates, a new RBC report shows.
More than C$700 billion ($512 billion) has been raised in Canadian mining equity and mergers and acquisitions since 2000, with 70% flowing to gold and precious metals, according to S&P Capital IQ and LSEG data cited by RBC.
Shaz Merwat, the bank’s director of energy policy and author of the report...