Indonesia Mining Report Q2 2011

Tin Investing

Research and Markets has announced the addition of the “Indonesia Mining Report Q2 2011” report to their offering.

Research and Markets has announced the addition of the “Indonesia Mining Report Q2 2011″ report to their offering.

The press release is quoted as saying,

Indonesia’s mining industry looks set to grow by 10.9% in real terms in 2011 to reach US$85bn, which will bea slight slowdown from growth of 13.1% in 2010. This is because while BMI expects coal production to do well in 2011, as reflected in the report’s forecast for an 11.0% increase in output to 340 million tonnes (mnt) this year, the positive effects will be somewhat diminished by a 7.1% decline in copper mine production. Growth in 2011 will also be capped by 2.3% and 2.1% increases in mined tin and nickel production respectively.

For the complete press release, click here.