Mineral exploration expenditure jumps

Mineral Exploration figures for the Dec 20 quarter are hot off the press and show a 2.5% increase on the previous quarter. A total spend of$718.4m with Western Australia accounting for a whopping 65% or $466.2m. To ensure the integrity of your exploration samples, please contact us on 08 6373 5005 Read More

Mineral and Petroleum Exploration, Australia, September 2020 | Australian Bureau of Statistics (abs.gov.au)

Some standout numbers from the ABS's latest release on mineral exploration the Sept 2020 qtr saw $702m invested in minerals exploration taking the YTD (Sep 20) exploration spend to $2.8bn, it's highest since 2013 total of 2,698,000 meters drilled for the Sep 20 qtr, up 14.6% from the previous quarter Gold continues to dominate with an increase of $51m to $356m for the qtr Read More

EIS government co-funded exploration drilling

Round 22 of the Exploration Incentive Scheme (EIS) saw 49 explorers and 8 prospectors successful in their applications for up to 50% of their exploration drilling costs to be co-funded by DMP (caps apply). Applications are now open for Round 23 for drilling from 1 June 2021 - 31 May 2022. Read More