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The $2b exploration boom quietly under way
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An “unprecedented” flow of cash into the high-risk mineral exploration sector has sparked a drilling boom that is causing huge backlogs at the laboratories whose assays determine success or failure.
More than $2.2 billion flowed into the 656 pre-revenue explorers on the ASX in the final three months of 2020, in a result that was 72 per cent higher than average and was described by advisory firm BDO as “unprecedented”.
Veteran explorer John Holliday says the “super optimism” for investment in things is probably driven by the fact “money costs nothing nowadays”. 
Laura Jellbart 
The $587 million spent on exploration by those companies was also well above average and 50 per cent higher than the June quarter, echoing the Australian Bureau of Statistics’ finding that metres drilled by mineral explorers had surged to a nine-year high. ....

Colin Mcmillan , Sherif Andrawes , Warren Pearce , Ian Tedder , Rio Tinto , Association Of Mining , Exploration Companies , Western Australia , Hope Downs , Murray Pollock , Newcrest Mining , Greatland Gold , கொலின் மக்மிலந் , வாரன் பியர்ஸ் , ஈயந் டெடர் , ரியோ டின்டோ , சங்கம் ஆஃப் சுரங்க , ஆய்வு நிறுவனங்கள் , மேற்கு ஆஸ்திரேலியா , நம்பிக்கை தாழ்வுகள் , முர்ரே போலக் ,