Markets opening up to mining industry

Flurry of projects seeing big bucks from investors through mid-2009

By: Nick Stewart
Liberty Mines' Timmins-area producing properties have been revived through the sale of a majority stake to Chinese firm Jilin Jien Nickel Industry Company Ltd.  (Photo supplied)
Liberty Mines' Timmins-area producing properties have been revived through the sale of a majority stake to Chinese firm Jilin Jien Nickel Industry Company Ltd. (Photo supplied)
From juniors to producers, growing numbers of mining firms are having more and more success in capturing the imagination of investors and tapping into a new-found confidence in the financial markets.Queenston Mining, an active explorer in the Kirkland Lake camp, raised $15 million over the summer months. Premier Gold Mines Limited has raised $15 million to support its Hardrock project south of Geraldton, while Noront Resources Ltd. dug up $25 million from the market in advance of its proposed takeover of Freewest Resources……more at Northern Ontario Business