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Canadian Junior Mining Companies Spent Record Numbers in 2006

According to resourceinvetor.com, Canadian junior resource companies were forcast to spend the most ever at $1.12 billion in 2006. 

Resource Investor points out that “the proportion of spending between juniors and seniors continues to shift in favour of the former, and in 2006, juniors accounted for 50% of companies with spending commitments in excess of $10 million.”
 

The Canadian mining industry is still booming with much attention in the uranium and  base metals sectors, as well as increasing interest in the Yukon, Nunavut and the Northwest Territories.
 

For full article click here

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