Mineral exploration spending plateaus

THE Australian Bureau of Statistics’ quarterly series on mineral exploration activity shows spending and metres drilled has flat-lined in the latest three months.

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Drill spending flat-lined in past three months.

Total spending on exploration - in trend terms - inched up 0.4% from $552.2 million in the September 2018 quarter to $554.4 million in the December 2018 quarter.

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