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Australian exploration down 16% in March quarter

By:  
Creamer Media Senior Deputy Editor: Australasia
 
MINERAL EXPLORATION
New data by the Australian Bureau of Statistics (ABS) has shown that mineral exploration expenditure, in original terms, fell by 16.2% during the March quarter, to A$337.6-million. Exploration in greenfield deposits fell by 21.4%, or by A$28-million and expenditure on brownfield areas fell by 13.8%, or A$37.5-million.
 
 
 
 
 

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