Mineral exploration rises, petroleum exploration falls

Monday, 27 February 2017

The Australian Bureau of Statistics (ABS) today released its Mineral & Petroleum Exploration data for the December quarter, which posted a mixed result.

Nationally, expenditure on minerals exploration rose by a seasonally-adjusted $20.6 million (+5.8%) over the December quarter:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.