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

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By Curt Freeman
For Mining News 

Minerals gain momentum as season wanes

Average rate of gold investment around the world nearly doubles in past eight years as demand for metals increases exponentially

 

Last updated 9/27/2009 at Noon



Although Alaska's summer field season is quickly coming to an end, the mineral industry continues to gain momentum thanks to rapidly increasing metals prices, fueled in part by growing industrial demand and an astonishing increase in investment demand for metals like gold and silver.

Goldfields Mineral Service reported that for the period 1993 to 2000, world gold investment averaged about 383...



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