I don't think this is exclusive to the mining industry and comes as no surprise as the cost of capital/debt has increased inline with interest rates; and for me I would expect this to be a market wide issue moving forward, making it harder for companies to access capital and/or refinance existing debt.
Global mining and metals executives still view environment, social and governance (ESG) as the top risk facing their business over the next 12 months, but access to capital has now also become a major worry, according to a new report from EY, rising eight spots from 2023. Read more in the link below.
https://www.mining.com/raising...
