The Covid-19 pandemic has opened up financing opportunities for metals and mining-focused investment firms. It's also created a problem.
The one-two punch demand and supply shock that the virus has created is putting the mining sector under extreme pressure. With banks even more reluctant than before to provide capital to the mining sector amid the tumultuous global financial backdrop, corporates are desperately seeking alternative sources of funding.Instead, miners are asking for debt financing in the form of short-term or even longer-term loans. Some miners are also offering to place inventory with mine finance teams in exchange for access...