According to MiningNews.net, the latest surveyor quarterly funding report from Debao International (BDO) shows that exploration spending seems to have flattened by the end of 2024, and there is uncertainty in 2025. A survey conducted by BDO among 770 listed resource companies on the Australian Stock Exchange shows that in the fourth quarter of 2024, these companies raised A total of 2.88 billion Australian dollars, a 48% increase from the previous quarter, but their investment was only 792 million Australian dollars, basically unchanged. The average investment amount for each quarter throughout 2023 was 933 million US dollars. Due to the decline in prices undermining investor confidence, exploration activities for lithium and nickel mines have continued to decline, while gold and energy metals have remained strong. Uranium and fossil fuel exploration enterprises have performed outstandingly in financing, but undoubtedly, the largest investment mineral remains gold. In 2024, exploration investment was 2.69 billion US dollars, with 845 million US dollars invested in the fourth Kvartal . BDO -data visar att bland de 57 företag som samlade in mer än 10 miljoner australiska dollar var 75% guldbrytningsföretag. Bland dem samlade Spartan Resources 220 miljoner australiska dollar och Stenbocksmetaller samlade in 200 miljoner dollar.
Sherif Andrawes, den globala chefen för naturresurser och energiföretag vid BDO, sa: "Ökningen av guldpriserna är en viktig faktor för ökningen av finansieringen i denna bransch ." Guldutforskningsföretag har gynnats av globala deflationsfiskar och politiska osäkerheter {{1}) attention. In the fourth quarter of 2024, among the top five exploration spending enterprises, four were oil and gas and uranium companies, indicating the global energy changes brought about by geopolitical tensions and the energy transition. Support for lithium exploration enterprises has continued to decline. Eighty percent of the 198 million US dollars raised by lithium mining enterprises flowed into one enterprise, namely Vulcan Energy Resources. Overall, lithium exploration investment peaked in the fourth quarter of 2023 and then dropped sharply, mainly due to a significant decline in lithium prices in 2024. There has been no recovery since the beginning of the year. Initial public offerings (ipos) continue to slow down, and investors' interest in small and risky exploration companies remains low. However, BDO believes that there have been some signs of recovery in investors' confidence. In the fourth quarter of 2024, only three enterprises were listed on the Australian Stock Exchange, including Fulcrum Lithium, Golden Horse Minerals and Mount Hope Mining. Only 18 companies reported their cash balances due to trading suspension or delisting from the Australian Securities Exchange. Despite the decline, Andravis believes that the opportunity to acquire high-quality assets, especially copper and gold ones, still exists. He said, "Looking ahead, the performance of gold exploration enterprises will remain active in 2025." However, some ongoing challenges, such as inflationary pressure, capital selection and geopolitical instability, will continue to transform this industry, Körningskonsolidering och strategiska investeringar som syftar till att söka utveckling . BDO förutspår att företag med kontanter kommer att bedriva högkvalitativa men opopulära tillgångar, särskilt inom guldsektorn . 2025, uran och koppar bör noggrant ses .}
