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Less exploration in Chile

Exploration budgets continue to drop

Mining Journal
Antofagasta was responsible for almost one-fifth of exploration spending in Chile in 2016

Antofagasta was responsible for almost one-fifth of exploration spending in Chile in 2016

The drop is in line with the global trend, with Bloomberg recently reporting miners’ exploration spend had plunged to the lowest point in a decade in 2016. The wire service quoted a January report by...

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