What's the future for Australian mining exploration?
As the major mining companies start to renew their focus on exploration, junior exploration companies in Australia can be sure to expect a number of opportunities in 2020. Tune into our free webinar on Wednesday 12th February for all the insights.
Although majors have under-invested in exploration for years, there are signs that this is changing. This means good news for juniors.
What's the future for Australian exploration?
1pm HKT, Wednesday 12th February
At the recent Mines and Money London show, Rick Rule, CEO, Sprott US Holdings pointed out that many majors had recognised that they need to change and now have a renewed focus on exploration.
In Australia, exploration budgets increased by nearly US$200 million in 2019. Explorers allocated just over US$1.5 billion to Australia in 2019, a seven-year high. These increases were driven by higher allocations for copper and gold by producers. With gold recently reaching a 7 year high, expect gold exploration investment to increase in 2020.
So what opportunities does this create for exploration in the Australian mining industry? Register now for our webinar taking place Wednesday 12th February, 13:00 HKT.
Not able to attend the webinar live? Register your details and we'll send you a copy of the recording to watch in your own time.
Mines and Money Asia Webinar series
This event is part of the 2020 Mines and Money Asia Webinar series, where we open up some of the conversations we'll be having on-site prior to the event.