Mineral and Petroleum Exploration, Australia

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

Reference period
June 2022
Released
29/08/2022

Mineral exploration

Total expenditure, seasonally adjusted

  • Rise of 4.5% ($44.5m) to $1,026.9m

Mineral exploration, original series

  • Rise of 23.2% ($198.3m) to $1,053.6m 
  • Existing deposits rose 24.5% ($145.7m) to $740.7m
  • New deposits rose 20.2% ($52.6m) to $312.9m
  • Iron Ore recorded the largest rise (up 44.1%, $61.5m) to $201.0m

Metres drilled, seasonally adjusted

  • Fall of 4.1% (125.5km) to 2,969.1km

Metres drilled, original series

  • Rise of 17.4% (462.8km) to 3,117.6km
  • Existing deposits rose 20.9% (380.9km) to 2,205.5km
  • New deposits rose 9.9% (81.9km) to 912.1km

Petroleum exploration

Total expenditure, seasonally adjusted

  • Fall of 21.4% ($66.9m) to $245.3m
  • All other areas fell 31.9% ($69.9m) to $149.3m
  • Production lease areas rose 3.3% ($3.1m) to $96.1m.

Onshore, seasonally adjusted

  • Fell 14.3% ($23.4m) to $140.3m 

Offshore, seasonally adjusted

  • Fell 29.3% ($43.5m) to $105.0m

  

Release notes

Trend Series to be reinstated in September quarter 2022

The trend series for Mineral and Petroleum Exploration has been reviewed and will be reinstated in the September quarter 2022 release. 

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Mineral Exploration - Quarterly mineral exploration expenditure and metres drilled

Petroleum Exploration - Quarterly petroleum expenditure

Previous catalogue number

This release previously used catalogue number 8412.0.

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