Government apathy, low prices led to drilling industry's `collapse'

Contrary to our federal government's assessment that "Canadian mineral exploration is still on its long-term secular trend," the diamond drilling industry is in a state of collapse. Exploration expenditures have decreased from a peak of $1.2-$1.5 billion in 1987, to...

By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close