South Australia puts A$10m in minerals discovery fund

South Australia has earmarked A$10-million for the accelerated exploration of the state’s yet-to-be identified mineral resources, Energy and Mining Minister Dan van Holst Pellekaan announced on Tuesday.

The Accelerated Discovery Fund (ADF) would not be limiting the benefit of cofounding to only a single entity, but would seek to share the knowledge, know-how and broader economic benefits with other explorers and industries.