Exploration tipped to fall to 15-year low

THE outlook for the mining sector for the remainder of 2020 is fairly grim, according to S&P Global Market Intelligence.

Exploration tipped to fall to 15-year low Exploration tipped to fall to 15-year low Exploration tipped to fall to 15-year low Exploration tipped to fall to 15-year low Exploration tipped to fall to 15-year low

Fewer explorers are out in the field due to restrictions or a lack of funding

The firm had gone into 2020 with a positive view until the COVID-19 pandemic derailed things.

Global exploration budgets fell 3% in 2019 to US$9.

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