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North America's future mines

Some shareholders may oppose such spending, but there are still many companies with the foresight to invest in exploration during this downturn with a view to fat profits in sunnier times. Mining Journal takes a look at the best undeveloped projects in North America.

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Agnico Eagle has set aside C$96 million to spend at Meliadine in Nunavut this year

Goldrush (Barrick Gold)

Located just 9.6km from the over 900,000 ounce per annum Cortez gold mine in Nevada, this is one of the largest discoveries by a senior gold producer in decades.