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Miners must discover better exploration formula now, says Schafer

Veteran geologist and North American industry leader, Bob Schafer says more strategic, and perhaps “sustainable” project-generative partnerships between big miners such as South32, OZ Minerals, Newcrest Mining and others, and smaller companies, might be setting the industry on the right course to better rates of return on what look again to be climbing global exploration expenditure levels.

Miners must discover better exploration formula now, says Schafer Miners must discover better exploration formula now, says Schafer Miners must discover better exploration formula now, says Schafer Miners must discover better exploration formula now, says Schafer Miners must discover better exploration formula now, says Schafer

Former PDAC president Bob Schafer spoke at the inaugural ResourceStocks Sydney 2018 event in Australia

Many questions remain to be answered, of course, about how effectively different companies, boards and agendas (and stakeholder groups) can combine to deliver sustainable outcomes in the "soft" areas