Tag: mineral exploration
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From Spectral Fingerprints to Target Prioritization: How Hyperspectral Satellites Support Mineral Exploration
According to the International Energy Agency’s Global Critical Minerals Outlook 2026, global critical mineral exploration spending fell by more than 10% in 2025. Exploration spending on lithium and nickel declined by around 45%, while spending on copper remained broadly stable. This increasingly cautious investment environment stands in contrast to the persistent long-term pressure on critical…
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Can satellite imagery support mineral exploration?
Satellite imagery plays an increasingly important role in mineral exploration by helping geologists and exploration teams identify areas with potential mineralization before committing to costly field investigations and drilling programs. Although satellites cannot directly observe most mineral deposits beneath the Earth’s surface, they can detect geological, geochemical, and environmental indicators associated with mineral-bearing systems. One…
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Mineral Exploration Reimagined: How Satellite Remote Sensing and AI Are Transforming Global Resource Discovery
In Canada and Australia, government-backed incentives have long been used to stimulate mineral exploration investment. Canada’s Mineral Exploration Tax Credit (METC), for example, allows investors in eligible flow-through shares to receive additional tax benefits, helping junior mineral exploration companies raise capital for early-stage exploration programs. According to the Government of Canada, the program supported more…