Global exploration budgets increase for first time in five years, led by gold
Miningreview.comreports that the nonferrous mining exploration sector has shrugged off its recent protracted downturn, with analysis showing a rise in exploration budgets.
Analysis on exploration byS&P Global Market Intelligenceshows a rise in budgets of more ler than 14% year over year to US$7.95 billion in 2017 — the first increase in the annual global nonferrous exploration budget since 2012.
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