North of 60 Mining News - The mining newspaper for Alaska and Canada's North

The multi-billion dollar plans for northern gas pipelines could generate some profitable spin-offs in the mining sector.

The Arctic lines will create a heavy demand for molybdenum, which enables high-value steel alloys to withstand extreme temperatures and pressures.

Now fetching US$30 per pound, up tenfold from two years ago, the metal could soar to US$60 given that there is no easy substitute, s...