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

Pebble Partnership copper gold molybdenum mine project Alaska Northern Dynasty NAK NDM

By J. P. Tangen
For Mining News 

Dark clouds harbor some golden linings

U.S. financial, economic crunch has been building for several years; Alaska mining prospects will continue to be outstanding

 

Last updated 9/28/2008 at Noon



Is there anyone anywhere who was caught by surprise by the domestic financial crunch that has recently occurred? Those of us who aren't players in world economics have watched the symptoms develop for several years. When commodities move up in lockstep, it doesn't mean their value is increasing, it simply means that the currency in which that value is expressed has dropped. When money, as a com...



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