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Australian exploration spend falls

The body representing Australia’s upstream industry claims exploration in the country is “in freefall” following the latest data from the Australian Bureau of Statistics (ABS) showing a decline in exploration expenditure.

Wake-up call: APPEA chief executive Malcolm Roberts says the latest data showed Australian exploration was in 'free fall'
Wake-up call: APPEA chief executive Malcolm Roberts says the latest data showed Australian exploration was in 'free fall'
Published 5 September 2016, 05:07Updated 25 October 2016, 15:07