SNL Metals & Mining Releases Annual World Exploration Trends 2015
In the 25th edition of its Corporate Exploration Strategies report, SNL Metals& Mining calculated that the mining industry’s total budget for nonferrous metals exploration was US $11.4 billion in 2014. This contrasts with the US $15.2 billion allocated in 2013 and the record US $21.5 billion budgeted in 2012. The steep plunge in exploration budgets was due…
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