You are here

Mining giants starting up exploring again, preparing for upturn

Friday, February 3, 2017 - 05:50

BT_20170203_KYEXPLORE3_2723500.jpg
Rio Tinto intends to spend up to US$200 million on exploration this year, focusing on the OECD, predominately the Americas, and predominately for copper.

Sydney

AFTER years of cutting budgets and squeezing existing mines, global mining giants are again scouting for new deposits: industry analysts say 2017 will see the first increase in spending on exploration in five years.

Exploration spending came under pressure when commodity

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom