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Exploration spend to surge 20% in 2021, says S&P

Exploration spending is set to swell by around 20% in 2021, as cashed up juniors and majors reactivate plans post-COVID, Mark Ferguson, head of mining studies at S&P Global Market Intelligence.

Exploration spend to surge 20% in 2021, says S&P Exploration spend to surge 20% in 2021, says S&P Exploration spend to surge 20% in 2021, says S&P Exploration spend to surge 20% in 2021, says S&P Exploration spend to surge 20% in 2021, says S&P

Mining exploration is predicted to jump 20% this year

Copper and gold will outperform other metals, accounting for a huge chunk of the predicted $10 billion spend this year, but exploration will be more "broad based" than S&P anticipated six months

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