Rough days may be ahead for mining
Experts: Raising venture capital will be industry's biggest challenge in 2009, while juniors lacking cash on hand will fade away
Last updated 4/26/2009 at Noon
Last month we talked about economic impacts of the Alaska mining industry. This month, the world mineral exploration industry is in our crosshairs.
Halifax-based Metals Economics Group reported that 2008 worldwide nonferrous mineral exploration reached $13.2 billion, more than 2.5 times the previous peak exploration spending level reached in 1997. Add uranium exploration expenditures, and the t...
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