S&P Global expects exploration to see a modest increase in 2022. Credit: GeoScience BC
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason said in a recent online conference.
The increase is not as significant as in previous years, as a projected moderate softening of most metal prices from current levels weigh on the outlook.
