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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