Global nonferrous mineral mining exploration budget 1996-2023
In 2023, the worldwide budget for nonferrous mineral exploration amounted to 12.6 billion U.S. dollars. That was an decrease of three percent compared to 2022.
While this figure represents an increase compared the last several years, it is still significantly lower than the record levels seen in 2012, when the global exploration budget reached 20.53 billion U.S. dollars.
While this figure represents an increase compared the last several years, it is still significantly lower than the record levels seen in 2012, when the global exploration budget reached 20.53 billion U.S. dollars.
