The Covid-19 pandemic has had a significant impact on the global mining industry. The budget for copper exploration for 2020 was projected (as of the first quarter of 2020) to be some 935 million U.S. dollars lower than in 2019. Overall, mining exploration spending was estimated at 6.61 billion U.S. dollars for 2020, down from 9.29 billion U.S. dollars in 2019.
Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity
(in million U.S. dollars)
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Mining.com. (May 21, 2020). Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/
Mining.com. "Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity (in million U.S. dollars)." Chart. May 21, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/
Mining.com. (2020). Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/
Mining.com. "Decrease in Mining Exploration Spending Worldwide in 2020 Due to Covid-19, by Mineral Commodity (in Million U.S. Dollars)." Statista, Statista Inc., 21 May 2020, https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/
Mining.com, Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity (in million U.S. dollars) Statista, https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/ (last visited November 21, 2024)
Decrease in mining exploration spending worldwide in 2020 due to Covid-19, by mineral commodity (in million U.S. dollars) [Graph], Mining.com, May 21, 2020. [Online]. Available: https://www.statista.com/statistics/702157/global-mining-exploration-spending-decrease-covid-19-by-commodity/