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Australian mining exploration spend is breaking out of trend

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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.

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    Australian mineral exploration data.xls

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Tables and charts

This report includes 6 images and tables including:

Images

  • Australian mineral exploration spend 2000-2016
  • Australian mining exploration spend is breaking out of trend: Image 2
  • Australian mining exploration spend is breaking out of trend: Image 3
  • BHP Billiton greenfield vs brownfield exploration
  • Western Australia exploration applications 2009-2016
  • Queensland coal exploration licences 2016 versus 2012

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