Renewed interest in local mining juniors from international money managers is just one sign that a long downturn in the sector may be nearing its end.

At a recent Business News industry lunch co-hosted with investor relations service Bulls’n’Bears, mining industry executives highlighted improved capital raising prospects, increased demand for local geologists, and a more competitive currency as potential drivers of business for mining juniors.

Plymouth Minerals managing director Adrian Byass said the market had changed dramatically from that of 24 months ago, when capital was not forthcoming.

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