In 2023, the worldwide budget for nonferrous mineral exploration amounted to **** billion U.S. dollars. That was an decrease of three percent compared to 2022.
While this figure represents an increase compared the last several years, it is still significantly lower than the record levels seen in 2012, when the global exploration budget reached billion U.S. dollars.
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S&P Global Market Intelligence. (January 19, 2024). Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. "Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars)." Chart. January 19, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. (2024). Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence. "Exploration Budget of Nonferrous Mineral Mining Worldwide from 1996 to 2023 (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 19 Jan 2024, /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
S&P Global Market Intelligence, Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/ (last visited July 24, 2026)
Exploration budget of nonferrous mineral mining worldwide from 1996 to 2023 (in billion U.S. dollars) [Graph], S&P Global Market Intelligence, January 19, 2024. [Online]. Available: /statistics/1280473/worldwide-nonferrous-mineral-mining-exploration-budget/
