Mineral and petroleum exploration bounces in June quarter

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By Leith van Onselen

The Australian Bureau of Statistics (ABS) today released its Mineral & Petroleum Exploration data for the June quarter, which both posted rises.

Nationally, expenditure on minerals exploration rose by a seasonally-adjusted $39.3 million (+9.9%) over the June 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.