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

North of 60 Mining News - Mining Business directory

By Curt Freemen
For Mining News 

Economic jitters sap venture capital

Domestic and international debt crisis threatens to rain on Alaska's recent parade of mineral exploration and development projects

 

Last updated 8/28/2011 at Noon



Despite the abundance of good news from the Alaska mining industry this month, there is an unusual black cloud hanging over the industry that threatens to rain on our parade of projects. Domestic and international markets got a severe case of the jitters during the recent United States debt crisis. The resulting economic uncertainty contributed to significant metal price volatility. For example...



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