The mining newspaper for Alaska and Canada's North

Mining Explorers 2009: Economy dims North star in 2009

Diamond, metals exploration continues, albeit at somewhat slower pace in Northwest Territories

Hampered by a recession-driven drought in capital markets, mineral explorers in the Northwest Territories met the challenges of 2009 with a variety of survival strategies. With significant diamond, precious and base metal projects and prospects at stake, some companies entered a holding pattern in hopes of waiting out the economic storm, while other forged ahead, adjusting to the new cash-strapped...

 

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