Madhumitha Jaganmohan
Research expert covering climate and environmental sustainability
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Canada's mineral exploration and deposit appraisal spending amounted to a preliminary total of 41 billion Canadian dollars in 2022. Of that amount, precious metals accounted for most of the country's mineral exploration and deposit appraisal spending, at approximately 2.4 billion Canadian dollars. Base metals were the second-largest targeted minerals category for spending, with exploration and deposit appraisal spending amounting to nearly one billion Canadian dollars that year.
