It’s the dead of winter, and nobody is
feeling the chill more than junior miners
right now, especially the ones that
can no longer afford to keep the heat on
in their offices. But explorers are hardy
folk, used to dressing in layers, and they
are showing remarkable resilience despite
the best efforts of the markets to freeze
At CIM Magazine, we see the headlines
about how investors on Bay Street believe
exploration is too risky, that safe ounces
or tonnes are the best ones to add, and
how spending is out of control. While in
some cases that may be true, in her feature story, Virginia
Heffernan offers insight into how, despite the odds, explorers are still
developing targets worth looking at. For all its inherent risk, grassroots
exploration is the lifeblood of the industry, and those who do it well
deserve much more credit than they get – literally.
There is a good chance you are reading this exploration-focused issue
at, or just before, PDAC. If you’re near the tradeshow floor, please come by
the CIM booth (#215), say “ Hi!” and let us know what you think of our
editorial. We are always prospecting for new ideas from those who have
boots on the ground.
By the time this issue is in your hands, editor-in-chief Ryan Bergen, now
on paternity leave, will be back chatting up sources. His youngest daughter,
who is enjoying his company while I enjoy his desk, will be nearly
three months old. How many commodity cycles will she see in her lifetime?
What will they mean for her? What can we learn from these trying
times to teach the next generation of explorers? And how will we continue
to keep the home fires burning when it’s cold outside?