Political risk, poor infrastructure and lack of geodata stymying African exploration
Miningweekly.comreports thatthe decline of commodity prices by almost 40% since the collapse of the commodity supercycle towards the end of 2011 has resulted in a decline in exploration expenditure from some $6.2-billion in 2012 to just $2.2-billion last year.While exploration activities have been curtailed on a global scale, the jurisdiction p ventolin inhalers that has been most profoundly impacted on by this trend over the last few years is sub-Saharan Africa, according to the latest figures released by SNL Metals & Mining, which indicate that nonferrousexploration spend in Africa declined from $3-billion in 2012 to $1.7-billion in 2014.