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Mining capital expenditures in Central Asia increase 66%

Posted on 11 Jul 2012

amei.pngAccording to research by IntierraRMG, between 2009 and 2011 annual mining capital expenditures in Central Asia increased 66% from $1.5 billion to $2.5 billion a year. Property transaction value also increased from some $25 million to $100 million a year; however in the same period the number of individual transactions involved decreased by half.

Over the same time-frame, mining capital expenditures across the ASEAN countries maintained steady levels of $700 million a year; primarily in gold, coal and nickel production. Significantly, ASEAN mining property transactions rose from 40 deals per annum in 2002, up to 150 deals per annum in 2011.

IntierraRMG Director of Mapping and Tenements, Peter Godwin, will offer insights into this data when he presents Growth, Funding and Opportunities in Asia during the Asian Mining and Energy Investment Forum, Kuala Lumpur on Thursday 12 July at 12.45 pm. Held across July 12 and 13 the conference is at the Hilton KL Sentral, Malaysia.