Explorers keep hands in pockets

ASSOCIATION of Mining and Exploration Companies CEO Warren Pearce is calling for more investment in mineral exploration to find the mines of the future and unlock jobs and growth as statistics show exploration spending was down 16.1% in the March quarter, falling by $95.2 million down to $497.5 million.

Explorers keep hands in pockets Explorers keep hands in pockets Explorers keep hands in pockets Explorers keep hands in pockets Explorers keep hands in pockets

AMEC CEO Warren Pearce is calling for more investment in mineral exploration to find the mines of the future and unlock jobs and growth

According to the mineral and petroleum March 2019 quarterly statistics released by the Australian Bureau of Statistics the money spent on greenfield exploration was down 24.6% - $57.