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Home 🌿 Marijuana Business News 🌿 Miners Are Trying to Strike It Rich with Food and Weed Instead of Ore 🌿Miners Are Trying to Strike It Rich with Food and Weed Instead of Ore
This week, the international stock markets may be giving business people and investors palpitations, but the commodities markets worldwide have been down in the dumps for a long time. So-called “junior miners”—those who explore for metals like copper, gold, and iron ore—are largely out of work. Traders and investors in commodities are looking elsewhere to make a buck, and this problem can be seen worldwide, from Canada to Australia and everywhere in between.
So what are miners and those who deal and trade in metals to do?
“Due to the downturn in commodity prices, Australia’s moving its focus from mining to dining,” Sandy Chim, the CEO of Century Iron Mines, told Reuters.
That’s right. Miners are putting down their picks and picking up their forks and knives. Metaphorically speaking, that is.
Chim’s company is a good example...
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