"Well over half of all exploration budgets in 2022 were going towards gold exploration.
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With a structural deficit coming soon to the copper market, there is little hope of exploration filling it any time soon due to a dearth of exploration funding, Kevin Murphy of S&P Global Commodity Insights told delegates at the 2023 PDAC conference in Toronto, Canada.
PDAC 2023 in Toronto, Canada
"Well over half of all exploration budgets in 2022 were going towards gold exploration.
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