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.
Indonesia could exhaust its economically retrievable coal reserves by 2033, a study by PriceWaterhouseCoopers released on Monday showed.
Indonesia is among the world’s top exporters of thermal coal, but its output has slipped in recent years as plummeting prices of the power station fuel have forced miners to cut costs.