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 Ronald W. Thiessen
For Mining News 

Global gold demand continues to climb

Miners must cope with worldwide shortage of capital, while upward pressure on prices spurs increase in mergers and acquisitions

 

Last updated 10/25/2009 at Noon



For many undercapitalized junior mining companies, the past 12 months have been a sort of annus horribilis. As capital remains tight in the current economic climate, financing for speculative exploration projects continues to be hard to come by. While the mining industry overall is coping with the global shortage of capital, recent surges in gold prices are causing renewed activity (including m...



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