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 Rose Ragsdale
For Mining News 

Mining Explorers 2009: B.C. explorers recover slowly

Gold prices and federal funding for power line give boost to northern miners

 

Last updated 11/1/2009 at Noon



Most of the mining companies looking for minerals in northern British Columbia ushered in 2009 with high hopes and little else.

"It's a perfect storm. The credit crunch in the world financial system has led to a worldwide recession and a collapse in commodity prices. In equities, there is nowhere to hide. Financing has become expensive and difficult to get. I have never seen more difficult con...



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