| Mar Qtr 24 | Dec Qtr 23 to Mar Qtr 24 | Mar Qtr 23 to Mar Qtr 24 | ||
|---|---|---|---|---|
| $m | % change | % change | ||
| Seasonally adjusted | ||||
| Mineral Exploration Expenditure | 1,058 | -2.2 | 2.0 | |
| Petroleum Exploration Expenditure | 379 | 48.3 | 61.5 | |
| Trend | ||||
| Mineral Exploration Expenditure | 1,070 | -0.5 | 3.3 | |
| Petroleum Exploration Expenditure | 344 | 10.3 | 48.3 | |
Mineral and Petroleum Exploration, Australia
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Quarterly statistics on mineral and petroleum exploration expenditure by private organisations in Australia
Reference period
March 2024
Released
4/06/2024
Release date and time
04/06/2024 11:30am AEST
Key statistics
- Mineral exploration expenditure fell by 2.2%
- Petroleum exploration expenditure rose by 48.3%
Mineral exploration
Total expenditure, seasonally adjusted and trend
- Seasonally adjusted fall of 2.2% ($23.8m) to $1,058.1m
- Trend fall of 0.5% ($4.9m) to $1,070.2m
Mineral exploration, by deposit type, original series
- Fall of 18.3% ($204.4m) to $910.4m
- Existing deposits fell 16.0% ($120.5m) to $631.8m
- New deposits fell 23.1% ($83.9m) to $278.6m
Mineral exploration, by mineral type, original series
- Selected Base Metals recorded the largest fall (down 27.3%, $74.4m) to $198.5m
- Other Minerals also fell (down 24.2%, $55.7m) to $174.6m
(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 10.8% (282.6km) to 2,339.3km
- Trend fall of 4.5% (113.2km) to 2,425.7km
Metres drilled, original series
- Fall of 24.5% (649.5km) to 1,999.3km
- New deposits fell 33.4% (248.9km) to 496.4km
- Existing deposits fell 21.1% (400.7km) to 1,502.8km
Petroleum exploration
Total expenditure, seasonally adjusted and trend
- Seasonally adjusted rise of 48.3% ($123.6m) to $379.3m
- Trend rise of 10.3% ($32.1m) to $344.4m
Onshore, seasonally adjusted and trend
- Seasonally adjusted rise of 34.9% ($61.4m) to $237.1m
- Trend rise of 13.5% ($26.1m) to $219.3m
Offshore, seasonally adjusted and trend
- Seasonally adjusted rise of 77.9% ($62.3m) to $142.3m
- Trend rise of 4.5% ($5.4m) to $124.5m
Data downloads
Time series spreadsheets
Data files
Table 1. Private exploration, actual and expected expenditure
Table 2. Mineral exploration, (other than for petroleum) - expenditure and metres drilled
Table 3b. Mineral exploration, (other than for petroleum) - expenditure by type of deposit
Table 4. Mineral exploration, (other than for petroleum) - expenditure by state and territory
Table 5. Mineral exploration, (other than for petroleum) - expenditure by mineral sought
Table 6a. Petroleum exploration, expenditure by onshore and offshore
Table 6b. Petroleum exploration, expenditure by type of lease
Table 7. Petroleum exploration, expenditure by state and territory
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.