Thursday, 2 May 2013

Malaysia Mining Report 2013

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Malaysia Mining Report 2013
May 1st 2013, 00:00

Mining Sector To Stage A ComebackBMI View: We forecast Malaysia''s mining industry to reach US$38.7bn by 2017, growing at an annualaverage rate of 2.5% from 2011 levels. The bulk of this growth will be led by the country''s nascent goldmining sector, which has attracted a number of foreign investors in recent years. In contrast, the tin sectorwill continue to experience lacklustre growth due to depleting resources and falling ore grades.We forecast Malaysia''s mining industry to reach US$38.7bn by 2017, growing at an annual average rateof 2.5% from 2011 levels. Malaysia''s mining sectoris heading towards a brighter future in the comingyears as foreign i...

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