Producers explore for gold closer home
Global trend favors Alaska because of its multitude of prospects, large primary deposits and stellar political and social climate
Last updated 2/5/2018 at 7:40pm
Reuters recently reported that the 10 largest gold-producing companies worldwide have steadily increased their near-mine exploration budgets over the past few years to 56 percent in 2015 from 45 percent in 2013. They also reduced their higher-risk greenfields exploration budgets to 21 percent from 25 percent in the same time period.
This retrenchment of exploration by the larger producers is o...