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Higher metal prices to push exploration budgets up in 2022, says S&P Global - GASSECTOR.com

Higher metal prices to push exploration budgets up in 2022, says S&P Global

S&P Global expects exploration to see a modest increase in 2022. Credit: GeoScience BC

S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason said in a recent online conference.

The increase is not as significant as in previous years, as a projected moderate softening of most metal prices from current levels weigh on the outlook.

READ MORE: https://www.mining.com/higher-metal-prices-to-push-exploration-budgets-up-in-2022-says-sp-global/