The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Miners must cope with worldwide shortage of capital, while upward pressure on prices spurs increase in mergers and acquisitions
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 merg...
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