A Mining Market for All

Transcription

1 A Mining Market for All NOVEMBER 06

2 Disclaimer This document is for information purposes only. While the information herein is collected and compiled with care, neither TMX Group Limited nor any of its affiliated companies represents, warrants or guarantees the accuracy or the completeness of the information. You agree not to rely on the information contained herein for any trading, legal, accounting, tax, investment, business, financial or other purpose. This information is provided with the express condition, to which by making use thereof you expressly consent, that no liability shall be incurred by TMX Group Limited and/or any of its affiliates as a result of any errors or omissions herein or any use or reliance upon this information. 06 TSX Inc. All rights reserved. Do not sell or modify without the prior wriaen consent of TSX Inc.

3 Overview: Canada s Equity Market TSX and TSX Venture Exchange World Ranking Country Ranking: Equity Capital Raised (0-05) # Global # Number # Number mining company financings and mining equity capital raised (05) of IPOs and New Listings (05) of International IPOs and New Listings (05) Rank Country Stock Exchanges USA NYSE, Nasdaq China Hong Kong Exchanges, Shanghai SE, Shenzhen SE 3 Canada TSX / TSX Venture Exchange 4 Australia Australian Securities Exchange 5 United Kingdom London Stock Exchange 3 Source: TSX/TSXV Market Intelligence Group, World FederaLon of Exchanges, LSE Group; as at December 3, 05; country ranking reflects the total equity capital raised by companies listed on the stock exchanges based in each country.

4 TSX/TSXV Mining Financings Global Mining Equity Financing 05 (C$B) 53% of all mining financings globally were done on TSX/TSXV in 05 $6.8B $8.4B Mining equity capital raised in 05 Mining equity capital raised YTD October 06, Source: TSX/TSXV Market Intelligence Group, as at October 3, 06, unless otherwise noted. Global mining source: S&P Global Market Intelligence, as at or YTD December 3, 05. * Glencore plc, $3.3 billion financing, September 05.

5 Top Mining Financings of 06 $4 M* $60 M $.3 B $87 M $50 M $49 M $386 M $97 M $44 M $96 M 5 Source: TSX/TSXV Market Intelligence Group, as at October 3, 06. *Reservoir Minerals merged with Nevsun Resources Ltd. (TSX:NSU) in June 06.

6 New Mining Listings in 06 8 New Mining Listings New Mining Companies from Argentina QT in July Listed in August 6 Mining Graduates as at October 3, 06 Company Name Symbol Market Capitalization (C$) Exploring In Exploring For NexGen Energy Ltd. NXE $489 M Saskatchewan Uranium Nemaska Lithium Inc. NMX $438 M Quebec Lithium Jaguar Mining Inc. JAG $6 M Brazil Gold Largo Resources Ltd. LGO $95 M Brazil, Yukon Molybdenum, Tungsten, Vanadium Columbus Gold Corp. CGT $96 M French Guiana, Nevada Gold Euromax Resources Ltd. EOX $79 M Macedonia Copper, Gold 6 Source: TMX Market Intelligence Group, as at October 3, 06. New lislngs exclude grads and comedowns.

7 TSX and TSXV Companies are Mining in Africa Number of Mining Companies in Africa Number of African Mining Properties 3 49 $.B Amount of Equity Capital Raised in 05 for African Mining Projects 37 Number of Countries in Africa Where TSX/TSXV Cos. are Mining 8 6 Number of mining companies exploring in the sub-regions of Africa Northern Africa Western Africa Central Africa Eastern Africa 9 38 Number of New Mining Listings with Projects in Africa Southern Africa 37 7 Unless otherwise noted, all numbers are as at or YTD December 3, 05.

8 TSX and TSXV Companies are Mining in Africa Top 5 Countries by Number of Companies Ghana: 7 Companies, 58 Projects Mali: 7 Companies, 55 Projects Burkina Faso: 7 Companies, 5 Projects DRC: 7 Companies, 35 Projects Namibia: 6 Companies, 37 Projects 5 8 Source: Infomine, January 8, 06.

9 TSX and TSXV Companies are Mining in Africa Number of Companies Number of Properties Financing (C$) 05 TSX and TSXV 3 49 $,44 M ASX $455 M LSE and AIM $3,490 M* 9 Source: Infomine February, 06, Capital IQ YTD December 3, 05. * Glencore plc, $3.3 billion financing, September 05.

10 Top Mining Performers in 06 In the first half of 06, 606 mining companies listed on TSX and TSXV have seen share price appreciation over 00% (57 TSXV, 89 TSX). Top 5 Performing Mining Companies with Market Cap. over $50 M as at H 06 Company Name Exchange Symbol H Share Price Appreciation Market Capitalization (C$) Tudor Gold Corp. TSXV TUD,880% $5 M Rupert Resources Ltd. TSXV RUP,567% $63 M Golden Predator Mining Corp. TSXV GPY 63% $50 M Goldrock Mines Corp. TSXV GRM 586% $4 M Barsele Minerals Corp. TSXV BME 55% $77 M 0 Source: S&P Global Market Intelligence, as at and YTD June 30, 06. Companies that were not listed on December 3, 05 and June 30, 06 (H 06 pricing dates) have not been included in the number of top performing mining companies above. Goldrock Mines Corp. was acquired by Fortuna Silver Mines Inc. in July 06.

11 Major Index Performance in 06 Source: S&P Global Market Intelligence, as at October 3, 06.

12 Revitalizing TSX Venture Exchange Meaningfully reduce our clients' administrative and compliance costs without compromising investor confidence; Expand the base of investors financing companies and generally enhance liquidity; and Diversify and grow the stock list to increase the attractiveness of the marketplace.

13 Contact us Orlee Wertheim Head, Business Development Global Mining Toronto Stock Exchange Orlee.Wertheim@tsx.com 3