For the Yukon’s hardrock mining industry, the decision earlier this year by Goldcorp to buy the Coffee gold project off Kaminak Gold sparked renewed interest in the territory.
In the placer mining industry, record levels of mining and production have been encouraged by the price of gold, lower fuel costs and a Canada-U.S. exchange rate that favours the mining industry in general.
The third day of the annual Yukon Geoscience Forum opened this morning with the summaries of the hardrock and placer industries provided by geologists with the Yukon Geological Survey. Talks over the first two days through the weekend were more general in nature, though thought-provoking and in some cases encouraging.
University professor and author Ken Coates, who was raised in Whitehorse, spoke of the importance of quickly getting on with making First Nations partners in development of Canada’s resources through meaningful resource revenue-sharing agreements.
It is Canada’s resource sector, Coates told the audience on Saturday, which represents the front line of opportunities to foster reconciliation with the country’s aboriginal people.
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