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Investor Day 2012 - Ausenco

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Record exploration spending - $16bn in 2011<br />

Office<br />

Russia<br />

4% 19%<br />

Canada<br />

China<br />

4%<br />

8%<br />

United<br />

States<br />

Africa<br />

13% 7%<br />

South East<br />

Asia/Pacific<br />

Mexico6%<br />

6%<br />

5%<br />

Other<br />

Latin America<br />

Australia<br />

12%<br />

Peru<br />

5%<br />

3%<br />

Brazil<br />

$bn<br />

25<br />

Global exploration expenditure<br />

Chile<br />

5%<br />

3%<br />

Argentina<br />

20<br />

15<br />

10<br />

5<br />

0<br />

2005 2006 2007 2008 2009 2010 2011 <strong>2012</strong>f 2013f<br />

Source: Metals Economics Group, McKinsey<br />

Other Countries: 6%<br />

<strong>Investor</strong> <strong>Day</strong> | 1 May <strong>2012</strong> | 21

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