Mineral exploration exploding as petroleum lags 

THE latest data from the Australian Bureau of Statistics shows Australia’s mineral explorers are in rude health with overall exploration spend up across all commodities — save coal —  in contrast to oil and gas ,which continues its downward slide.  

Mineral exploration exploding as petroleum lags  Mineral exploration exploding as petroleum lags  Mineral exploration exploding as petroleum lags  Mineral exploration exploding as petroleum lags  Mineral exploration exploding as petroleum lags 

Supplied: ABS

"Mineral exploration increased 33% year on year over the June quarter to $912 million, to be $1647 million over the first six months of the year," the ABS said this morning.