Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says
The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024 to $12.5 billion from $12.9 billion last year, with juniors bearing the brunt of the cuts.
2 Comments
Altaf
Assuming 4,000 MT coal required to run 1MW power plant, this means US will not be using 48 million MT coal per annum. Either they are planning to retire the coal mines or diverting the same to other uses or exporting or all three options.
brettles02
yeppers , who wants to be a Coal Miner