The government intervention risks harming the free flow of capital on which mining companies rely to explore resources, TSX says. Read on.
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In November, Ottawa ratcheted up tensions with Beijing by demanding three Chinese companies sell their stakes in junior miners Ultra Lithium Inc., Lithium Chile Inc. and Power Metals Corp., following a review that concluded the investments posed a national security threat.Article content The TSX and TSX Venture Exchange are important for the mining industry, hosting more metal extraction groups than any other exchange in the world and 43 per cent of the world’s publicly listed mining groups with a combined market capitalization of US$558 billion.
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