30 www.resourceworld.com
o c t o b e r / n o v e m b e r 2 0 1 6
It was a good year to attend the Yukon
Mining Investment Conference jointly
hosted by the Yukon Mining Alliance and
the Yukon Government. The energy was
markedly more positive this year and with
good reason. This year's improved gold
prices have renewed investor interest in
gold mining stocks and pushed up their
prices. Some mining companies saw their
stocks price more than double since last
summer.
But higher gold and stock prices weren't
the whole story; there was other big news
causing a stir in Yukon's mining commu-
nity. The majors had come to town.
Most of those familiar with the Yukon
exploration story watched as exploration
projects went from optimistic green field
exploration to advanced exploration proj-
ects putting out PEAs and applying for
permits. Companies stayed in the game
during some pretty tough economics and
invested the time and what money they
could raise, during down markets, into
understanding their project's geology and
better defining their deposits.
As resources were proved up we won-
dered which company was a potential
takeover candidate. Which major would
make a bid? In May of this year, that
question was answered when Goldcorp
announced it was acquiring Kaminak
Gold; the acquisition was completed
YukOn 2016
a pretty good year
by Kathrine Moore
Goldcorp's newly acquired Coffee Project
130 kilometres south of Dawson City,
Yukon. Photo by Kathrine moore.
