SA mining exploration at its lowest level since 2002 The devastating downward trend can only be arrested by urgent reform BL PREMIUM 07 February 2021 - 16:54 Lisa Steyn Mining exploration spending in SA has hit its lowest level in almost two decades, an analysis of S&P Global Market Intelligence data shows. Data from the financial information and analytics firm demonstrates that SA’s share of global budgeted exploration spend dropped 20% from $97.4m (R1.4bn) in 2019 to $77.4m in 2020 — its lowest level since 2002... BL Premium This article is reserved for our subscribers. A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.