📖 The Scoop
Historically, Australia and Canada have displayed similar patterns of mineral exploration and development. These overall patterns suggest that the economics of base metal exploration in the two countries may also be similar. This paper examines that premise and attempts to explain, in the light of historical evidence, similarities and differences in base metal exploration between the two countries in a way that will be useful for corporate planning and the analysis of government policy. The marked differences observed in discovery costs, the expected value of exploration, and the average size of deposits are considered and explanations offered.
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