The mining newspaper for Alaska and Canada's North

Gold, exploration spending move in sync

Analysts predict downward slide for metal's prices, industry outlays until 2020; Alaska ranks among top 10 explorer destinations

Before we take a peek at what is happening across Alaska, I'd like to summarize a superb presentation on the world's exploration industry presented by MinEx Consulting's Richard Shodde at a mining conference in South Africa.

He pointed out that since 1990 there has been a very strong correlation between gold price and exploration expenditures. While not earth-shattering in itself, he took the conc...

 

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