EDITORIAL & OPINION -- FACTS 'N' FIGURES -- Gloomy year for spending

Exploration budgets for 1998 have dropped dramatically following the decade's peak of US$5.1 billion in 1997, according to a report penned by Halifax, N.S.-based Metals Economics Group (MEG).Total expenditures for 1998 are estimated at US$3.5 billion, a 31% decline from...

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