Mining Exploration, Development & Creation of Wealth

[qldfrog]

From what I've heard it's a lack of capital.

Would be interesting to compare this trend here with wirld wide situation, or better western vs non western countries but not easy...

 

[Dona Ferentes]

From what I've heard it's a lack of capital.

there are some incentives ...

JMEI credits of $1,488,500 – the maximum possible for financial year 2024/25 – available to companies for potential distribution to eligible shareholders.

The JMEI scheme encourages investment in exploration companies that carry out greenfield mineral exploration in Australia, by allowing these companies to give up a portion of their tax losses for potential distribution to eligible investors.

Junior Minerals Exploration Incentive | Australian Taxation Office

The Junior Minerals Exploration Incentive (JMEI) encourages investment in greenfields minerals exploration companies.

www.ato.gov.au