EXPLORATION & DEVELOPMENT

AMEC warns of sinking greenfields exploration

Overall exploration spending still hit more than $1 billion in the June quarter

National exploration spending for the 2025 financial year totalled $3.83 billion.

National exploration spending for the 2025 financial year totalled $3.83 billion. | Credits: AMEC

The Association of Mining and Exploration Companies has warned of a "concerning" downward trend in greenfields exploration after the latest data showed a 17% spending decline since the middle of 2024....

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