The mining newspaper for Alaska and Canada's North
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The world's mining industry has once again transmogrified itself in the face of changing global metals markets and investor expectations. In a recent Reuters report, several companies, including Newmont Mining Corp., Goldcorp Inc. and Yamana Gold Inc., were singled out as having taken steps to bring smaller, leaner, lower output projects into production to avoid the cost over-runs which have plagued the large multibillion-dollar projects in recent years. The same large mine...
Exploration spending in British Columbia hit a record high of C$265 million in 2006, a figure that the province's mining minister, Bill Bennett was proud to announce at the recent Mineral Exploration Roundup in Vancouver. Unfortunately for Bennett, he probably won't be invited to boast about the industry's successes next year, since he was forced to resign in early February after sending an obscenity-laced email to a gun club member. "British Columbians want good jobs, and they also, frankly, want the tax revenues that come...