The mining newspaper for Alaska and Canada's North

Mining Explorers 2014: NTL powers Northwest exploration

Industrial grade electricity compliments world-class geology in region

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 reins...

 

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