Our Canada Unearthed column wraps the news driving mining and exploration stocks listed in Canada, mostly on the TSX and TSX.V.
The Aussie gold sector, especially now that Newcrest has disappeared, are mostly junior companies on the global stage, says Lion Selection Group’s Hedley Widdup.
“As Aussies we feel our exchange is the universe, if not most of it,” he told Stockhead last month.
“But the North American markets (Toronto and New York, with a bit of help from London) host some far larger companies, especially in the precious metals world.
“Purely by function of this, the biggest, longest life gold projects are largely distributed away from ASX.”
$15bn capped Northern Star (ASX:NST) and $7.5bn capped Evolution (ASX:EVN) are the only truly mid-tier ASX stocks on a global scale.
Of the developers, De Grey Mining (ASX:DEG) might sneak in if the $1.3bn Hemi project…
