Mineral and Petroleum Exploration, Australia

Latest release

Quarterly statistics on mineral and petroleum exploration expenditure by private organisations in Australia

Reference period
December 2024
Released
28/02/2025
  • Next Release 3/06/2025
    Mineral and Petroleum Exploration, Australia, March 2025
  • Next Release 1/09/2025
    Mineral and Petroleum Exploration, Australia, June 2025
  • Next Release 1/12/2025
    Mineral and Petroleum Exploration, Australia, September 2025
  • View all releases

Key statistics

Seasonally adjusted:

  • Mineral exploration expenditure rose by 1.3%
  • Petroleum exploration expenditure rose by 20.6%
Mineral and petroleum exploration expenditure
 Dec Qtr 24
($m)
Sep Qtr 24 to Dec Qtr 24
(% change)
Dec Qtr 23 to Dec Qtr 24
(% change)
Seasonally adjusted 
 Mineral exploration expenditure9631.3-11.0
 Petroleum exploration expenditure39020.657.3
Trend 
 Mineral exploration expenditure952-1.5-11.7
 Petroleum exploration expenditure3582.714.4

Mineral exploration

Total expenditure, seasonally adjusted and trend

  • Seasonally adjusted rise of 1.3% ($12.7m) to $963.0m
  • Trend fall of 1.5% ($14.6m) to $952.4m

Mineral exploration, by deposit type, original series

  • Total deposits fell 2.4% ($24.4m) to $992.3m 
  • New deposits fell 3.5% ($9.6m) to $266.7m
  • Existing deposits fell 2.0% ($14.8m) to $725.6m

Mineral exploration, by mineral type, original series

  • Other Minerals recorded the largest fall, down 10.8% ($17.7m) to $145.9m
  • Gold recorded the largest rise, up 3.9% ($11.6m) to $309.1m

(a) Selected Base Metals contains Copper, Silver, Lead & Zinc, and Nickel & Cobalt

(b) All Others contains Mineral Sands, Uranium, Diamonds and Other Minerals

Metres drilled, seasonally adjusted and trend

  • Seasonally adjusted fall of 2.2% (53.2km) to 2,378.6km
  • Trend rise of 0.5% (11.1km) to 2,413.8km

Metres drilled, original series

  • Total deposits fell 8.9% (231.8km) to 2,381.6km
  • New deposits fell 9.9% (68.5km) to 624.1km
  • Existing deposits fell 8.5% (163.2km) to 1,757.6km

Petroleum exploration

Total expenditure, seasonally adjusted and trend

  • Seasonally adjusted rise of 20.6% ($66.5m) to $390.1m
  • Trend rise of 2.7% ($9.4m) to $358.3m

Onshore, seasonally adjusted and trend

  • Seasonally adjusted rise of 26.2% ($49.4m) to $238.2m
  • Trend rise of 0.3% ($0.7m) to $217.0m

Offshore, seasonally adjusted and trend

  • Seasonally adjusted rise of 12.6% ($17.0m) to $151.8m
  • Trend rise of 6.3% ($8.3m) to $140.9m

Data downloads

Time series spreadsheets

Data files

Data Explorer datasets

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Help for: Data Explorer Datasets

Mineral Exploration - Quarterly mineral exploration expenditure and metres drilled

Petroleum Exploration - Quarterly petroleum expenditure

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Previous catalogue number

This release previously used catalogue number 8412.0.

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