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

North of 60 Mining News - Mining Business directory

By Rose Ragsdale
For Mining News 

Mineral exploration slows in the Yukon

Fewer companies, less available capital hamper mining activity North of 60 Mining News – September 1, 2019

 

Last updated 9/26/2020 at 5:30am

Newmont Goldcorp

The Coffee Gold camp sits along the Yukon River in the White Gold District. Newmont Goldcorp's exploration at this mine project is one of the largest programs in the Yukon this year.

Yukon Territory, a mineral exploration frontrunner in Canada's North, is witnessing a significant slowdown in 2019.

As a result, growth in Yukon's economy is expected to slow this year but rebound in 2020, according to The Conference Board of Canada. In its "Territorial Outlook Economic Forecast: Summer 2019," released in June, the board said new mines coming online in 2020 will drive Yukon's g...



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