In 2023, the worldwide budget for nonferrous mineral exploration amounted to 12.6 billion U.S. dollars. That was an decrease of three percent compared to 2022.
While this figure represents an increase compared the last several years, it is still significantly lower than the record levels seen in 2012, when the global exploration budget reached 20.53 billion U.S. dollars.
Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023
(in billion U.S. dollars)
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S&P Global Market Intelligence. (October 25, 2023). Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. "Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars)." Chart. October 25, 2023. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. (2023). Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. "Exploration Budget of Nonferrous Mineral Mining Worldwide from 1996 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Oct 2023, https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence, Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/ (last visited November 18, 2024)
Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) [Graph], S&P Global Market Intelligence, October 25, 2023. [Online]. Available: https://www.statista.com/statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
