Exploration expenditure continues to rise in Australia, new data from the ABSStats has shown mining investment resources ironore amec_org
PERTH – The latest data by the Australian Bureau of Statistics has shown that mineral exploration expenditure rose by 4.5%, or A$44.5-million, to over A$1.02-billion in seasonally adjusted terms during the June quarter.
He noted that since the last quarter, total national expenditure had increased by 23%, and expenditure had increased across all jurisdictions with New South Wales increasing by 14%, Victoria by 1%, Queensland by 9%, South Australia by 16%, Western Australia by 28%, Tasmania by 92%, and the Northern Territory by 48%.
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