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Coal and gold exploration shines in Queensland

GOLD received one of the largest boosts in exploration investment in Queensland – up 30% on 2019 with $91 million invested in the December quarter, while coal exploration was up 19% at $209 million, according to figures released by the ABS.

Lou Caruana
Australian mining companies invested $2.8 billion on exploration in 2020 to sustain local operations.

Australian mining companies invested $2.8 billion on exploration in 2020 to sustain local operations.

Nationally, December quarter exploration was $754 million - up from $744.9 million in the previous quarter. Minerals Council of Australia CEO Tania Constable said Australian mining companies invested...

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