EXPLORATION & DEVELOPMENT

Gold explorers could feel some pain

CANADA has represented a better gold exploration destination than Australia in recent years based on headline gold ounce numbers, though from an overall investment market perspective the latter has arguably delivered the far-preferred result.

Michael Quinn

Gold explorers could feel some pain

According to statistics compiled by Minex Consulting’s Richard Schodde, $US5.3 billion was spent in Australia in the period 2005-14 (equating to 9% of the global spend), with 48 discoveries totalling 86...

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