MINING NEWS: Alaska profits from exploration explosion

Vancouver-based companies dominate, but keep locals employed and active in the hunt for precious and base metals around the state

Sarah Hurst

For Mining News

Mining companies spent an all-time record $103.9 million on exploration in Alaska in 2005, a big jump from the $70.8 million that was spent the previous year, and a long way from the relatively modest $27.6 million in 2003. At least 16 projects had exploration expenditures of $1 million or more. The....

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