Mining to Bounce Back in BC

2010 is expected to be a strong year for mining in B.C. Growing resource demand from Asian markets is likely to fuel a recovery in B.C.’s mineral exploration sector in terms of both buyers for supply and investment.

Mineral exploration expenditures in British Columbia fell victim to the global credit crisis in 2009, dropping 58 per cent from the previous year to $154 million; however, it was still the sixth-best year for exploration and development investment since 1989.

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