Sentences with phrase «exploration expenditures»

However, developments in exploration expenditures are not especially encouraging.
Exploration expenditure for the December 2017 quarter exceeded $ 400 million for the first time since the March 2015 quarter, financing cash inflows increased by $ 668 million to $ 2.05 billion and net investing cash flows more than doubled to $ 524 million compared to the September 2017 quarter.
(Exploration expenditures soared to more than $ 1 billion by 2004.)
Woodside spokesman Geoff Wedge - wood said the acquisition included a cash payment to Marathon and precommitted exploration expenditure by Woodside.
In our opinion, it will require a sustained rise of several years in the gold price to attract capital for new mining projects, assuming that such projects even exist in light of the severe reduction in industry exploration expenditures and discovery rates.
It's hard to know how quickly and by how much BP could cut cap ex, but one clue is that «Depreciation, depletion and amortization and exploration expenditure written off» — often a reasonably proxy for maintenance cap ex — was $ 12.7 billion last year.
[62] The Taskforce outlined the fundamental reasons for declining exploration expenditure, and these did not include native title.
[21] If native title and other domestic issues were of such negative impact that they discouraged exploration, one would expect to see Australia's share of exploration expenditure decreasing.
Indications are that global exploration spending is now beginning to recover, in line with the Australian experience, though it appears to have outstripped the relatively muted rise in exploration expenditure in Australia to date.
«Exploration expenditures in the N.W.T. have languished over the past few years and could therefore limit the territory's options for growing its mining industry in the long term,» noted a recent report by the Conference Board of Canada.
The truth is that exploration expenditures are still very low, and the exploration process is still very inefficient.
The amount of money being raised is fairly insignificant relevant to exploration expenditures 10 or 15 years ago, and my experience has been that from the beginning of an exploration cycle, you can expect that cycle to bear fruit.
Those exploration expenditures really began to deliver exploration success 10 or 12 years later.
A shift towards higher exploration expenditure for the December 2017 quarter, with exploration expenditure from $ 300k upwards for the December 2017 quarter exceeding the two - year average.
These positive statistics become even more impressive when considered in light of the December quarter typically being the slowest quarter in terms of capital raisings and investment and exploration expenditure.
ABARE shows that the drop in exploration expenditure in Australia from 1996/1997 until present is part of a worldwide trend during which Australia has actually increased its share of exploration.
There are major difficulties in attempting to quantify the impact native title has had on the State's mining industry beyond delaying the grant of titles... because far more prominent issues... have contributed to the fall in exploration expenditure, not only in Western Australia but worldwide.
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