Insight
Australian mining exploration spend is breaking out of trend
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Industry analysts are keenly waiting for the next quarterly release of the Australian Bureau of Statistics (ABS) data tracking overall mineral exploration expenditure in the country. Good signs are already apparent in the key commodities of gold, base metals, iron ore and coal, which together make up close to 90% of expenditure. Spending in these areas has potentially broken out of a four-year downturn and companies are willing to invest more in exploration. We expect the December figures to show another rise supported by growing confidence in the mining sector.
Table of contents
- Introduction
- Gold leads the way; base metals, coal and iron ore to follow?
- Applications up in Western Australia
- Growing optimism
Tables and charts
This report includes the following images and tables:
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Australian mineral exploration spend 2000-2016Australian mining exploration spend is breaking out of trend: Image 2Australian mining exploration spend is breaking out of trend: Image 3
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BHP Billiton greenfield vs brownfield explorationWestern Australia exploration applications 2009-2016Queensland coal exploration licences 2016 versus 2012
What's included
This report contains:
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