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

Mineral and coal exploration in British Columbia, which peaked at C$680 million in 2012, retreated to roughly C$476 million in 2013. This drop is on par with the roughly 30 percent decrease in exploration expenditures worldwide.

The dynamics that led to the decrease - tight capital markets that continue to challenge the ability of junior explorers to raise money, senior miners keeping tight rei...