Featured Index TV
Heading Line
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Register
S& Global Platts Crude & Refined Products Market
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod
Learn More
World Exploration Trends 2026
Annual exploration budget trends analysis built on S&P Global survey with over 2,160 companies globally, backed by 28 years+ of exploration budget data and research insights.
Register
Lorem Ipsum
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Head Line 1
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
- Lorem ipsum 1
- Lorem ipsum 2
- Lorem ipsum 3
Head Line 2
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
- Lorem ipsum 1
- Lorem ipsum 2
- Lorem ipsum 3
Head Line 3
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
- Lorem ipsum 1
- Lorem ipsum 2
- Lorem ipsum 3
Head Line 4
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
- Lorem ipsum 1
- Lorem ipsum 2
- Lorem ipsum 3
According to the S&P Global World Exploration Trends 2026 report, global exploration budgets declined for a third consecutive year to $12.40B, even as demand for gold, copper, lithium, and critical minerals continues to grow.
Gold led exploration, with budgets up 11% to $6.15B, driven by record prices—but spending is increasingly focused on existing mines. Latin America retained its position as the largest exploration region globally, supported by strong gold and copper spending, while budgets declined in Canada and the United States. Grassroots exploration fell to a record low of 21%, highlighting a shrinking pipeline of new discoveries.
With an average of 16 years from discovery to production, today’s underinvestment could become tomorrow’s supply constraint. Examine exploration trends by commodity, geography, stage of development and company type.
Unlock essential insights into global exploration trends for 2026.
Example of exploration analysis from the full World Exploration Trends 2026 report.
Get the 2026 World Exploration Trends Analysis
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.
2026 S&P Global Inc.
All rights reserved.
55 Water Street, New York, NY10041
