VANCOUVER — Sean Roosen’s Osisko group of companies is among a rare breed of mining-focused entrepreneurial firms that have flourished over the past decade despite frigid capital markets and low commodity prices.
The group emerged as a major financial player following the $4.3-billion sale of Osisko Mining’s flagship Canadian Malartic gold mine in mid-2014 and now provides alternate capital funding to explorers and miners via stream financings, equity placements, and related partnership models.
On Jan. 23, Roosen took the stage at thee Association for Mineral Exploration’s (AME) annual Roundup conference to discuss the state of capital markets, and the challenges the mining industry must overcome to combat falling discovery rates and a lack of interest from generalist investors.
“There’s a lot of money in the system right now, but not a lot of it passing down into our sector as things are changing dramatically within the financial machine,” commented Roosen, who now serves as chairman and CEO of Osisko Gold Royalties (TSX: OR; US-OTC: OKSKF), among other roles.
“The transition in capital markets has been staggering as we move toward a technology-based system. The introduction of exchange-traded funds, index funds, and advanced trading systems has really eaten our lunch. We’ve also seen that shift from active to passive investing. Where is mining capital going to come from? That’s our great challenge.”
For the rest of this article: http://www.northernminer.com/news/roundup-2018-osiskos-roosen-tackling-tough-markets/1003793360/