Mineral exploration up

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

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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.

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