EXPLORATION

Mineral exploration up

MINERAL exploration spending rose 11.9% to $683.3 million in the June quarter, according to the Australian Bureau of Statistics.

Exploration spending up this quarter.

Exploration spending up this quarter.

Spending on areas of existing deposits was up 17.5% to $67.5 million and at new deposits rose 2.4% to $5.3 million. Metres drilled rose 10.8%. It was up 5.6% at new deposits and 13.7% at areas of existing...

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