Positive outlook for Queensland exploration
Exploration investment has increased across all major commodities in Queensland for the second year in a row, a new report shows.
The Queensland Exploration Council (QEC) Scorecard for 2018/19 was released at the QEC breakfast this week (December 3).
“Coal exploration increased for only the second time since 2011-12 up by 25 per cent. Copper and gold exploration expenditure lifted 19 percent and petroleum exploration expenditure grew by 10 percent,” Queensland Resources Council chief executive Ian Macfarlane said.
“The results underpin the growing optimism in the exploration industry with 58 percent of explorers planning to increase or significantly. . .
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