The mining newspaper for Alaska and Canada's North

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

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 occur...

 

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