An exploration forum in Brisbane today heard Queensland’s resources industry has grown exponentially over the past decade, and by an incredible 77 per cent in the past three years.
Queensland Exploration Council (QEC) Chair Kim Wainwright said exploration expenditure in Queensland has been robust over most of the past 10 years, apart from a drop in 2015-17, but had been on a steep upwards trajectory since 2018.
“For the past decade, the QEC’s annual Scorecard publication has shown a highly positive explorer sentiment towards resource prospectivity, which is very good news for our industry and a barometer for how well the resources sector is travelling,” she said.
Advertisement
A recent exploration forum in Brisbane revealed Queensland’s resources industry has grown exponentially over the past decade, and by 77% in the past 3 years.
Queensland Exploration Council (QEC) Chair, Kim Wainwright, said exploration expenditure in Queensland has been robust over most of the past 10 years, apart from a drop in 2015 – 2017, but had been on a steep upwards trajectory since 2018.
“For the past decade, the QEC’s annual Scorecard publication has shown a highly positive explorer sentiment towards resource prospectivity, which is very good news for our industry and a barometer for how well the resources sector is travelling,” she said.Wainwright told a gathering of more than 130 explorers, producers, investors, researchers and regulators that Queensland had enormous resources prospects and a skilled workforce focused on “that next big discovery.”