Growing mining companies in Yukon:
Yukon, Canadian territory is home to the mining projects and this is something that every investor needs to know. It is since long that gold is known to be stapled in mines of Yukon. This does not make the fact that gold is the only mineral that is available in the territory. There are several of other natural resources that are accessible here. These are couple of reasons why Canadian mining space has become famous in no time.
In addition to aforesaid facts, the enhanced demand for the new metal resources and instability of the world’s main mining projects are other factors to be included. Canada has an enriched history of protecting rights of miners and no doubt Yukon is considered to be one of the friendliest places for the resource extraction on the planet Earth.
Once again the credit goes to the solid infrastructure and stable political environment of Yukon that enables the laborers to earn bread and butter for their families. Big mining companies like Goldcrop are investing in the territory of Yukon. There are smaller mining projects being developed here making Yukon to be one of the world’s most significant mining districts. Some of these are as follows:
Victoria Gold: It is worth stating here that as soon as it will be operational; the Eagle Project will be probably being known to be the biggest gold mine in the history of mankind. Victoria Gold takes care of the whole area. In addition to this, the nearby Olive Project has much potential.
The initial mine life of the company in the neighborhood would be at least a decade. It assumes to produce 200,000 ounces of gold every year. The company is fully permitted.
Copper North: The copper market is growing like anything and Copper North is indeed one of the spots taking advantage towards growing demand for the metal. The flagship i.e. Carmacks Copper Project is a permitted project and once its operational it expects to extract 30 million pounds of copper cathode on annual basis.
Strategic Metals Ltd: If you are looking forward to buy shares in a company in Yukon Territory resources then this company needs to be learnt about. Being a project generator the company takes projects that are at their early stages and develops in to a point where they can be spun off or sold. In order to learn more about the project check this out.
Nickel Creek Premium: Platinum is not common in North America; however Nickel Creek Platinum is on an interesting deposit in the Yukon Territory. Their main project is expected to yield mix of Platinum, gold, palladium, nickel, and copper. It is closest to rest of the infrastructure which is needed to make the mine a real project.
Fireweed Zinc: It is a new company with extraordinary nickel resources. Their team has indicated huge deposits of nickel resources of more than 10 million tonnes.
Expanding potential: The Yukon Mining Alliance is facilitating in every manner to advance Yukon as prime destination for the mining development.
If you are interested to invest in any of these resources, feel free to gather the relevant information.