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gold mining production mineral precious metal glowing pour
gold mining production mineral precious metal glowing pour
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For miner Colossus, cost of survival is steep

Take note, junior mining investors – the cost of capital to stay alive is extraordinarily steep.

The deal Colossus Minerals Inc. just cut with New York mining private equity fund Arias Resources Capital Management may well keep the once highly touted company alive a little while, but other investors in the company are going to have to take a lot of pain.