Despite significant deposits of untapped minerals and positive reforms by the Malaysian government in recent years, Malaysia's mining sector is unlikely to witness a resource boom over our forecast period to 2018. Depleting reserves and falling ore grades will continue to impede growth in the tin sector, while falling gold prices remove the shine off investment in the gold mining industry.

BMI Industry View 7

SWOT 9

Industry Forecast 10

Gold: Not As Golden 10

      Table: Malaysia - Select Gold Mining Projects 12

      Table: Malaysia - Gold Mine Production Forecast 15

Tin: No Comeback In Sight 15

      Table: Malaysia - Tin Mine Forecast 17

Industry Risk Reward Ratings 18

Risk/Reward Ratings 18

Rewards 18

Industry Rewards 18

Country Rewards 18

Risks 18

Industry Risks 18

Country Risks 19

      Table: Malaysia - Mining Industry Value & Production Forecasts 19

Regulatory Development 20

Key Details 20

State Mineral Enactment A Boon For Miners 21

      Table: Breakdown Of Mining Licence 21

      Table: Breakdown Of Prospecting & Exploration Licence 21

Tax Regime 21

Corruption Remains A Key Concern 22

      Table: Asia - Mining Regulatory Scorecard 22

      Table: Malaysia - Political Overview 23

Commodities Forecast 25

Commodity Strategy 25

Iron Ore: Fading Iron Will 25

Steel: Global Glut To Weigh On Prices 27

Aluminium: Fundamentals To Remain Weak 28

Copper: All Eyes On China 29

Lead: Outperforming Its Troubled Peers 30

Nickel: Monthly Outperformer 32

Tin: Outperforming A Weak Field 33

Zinc: Further Consolidation Likely 34

      Table: Select Commodities - Performance & BMI Forecasts 36

Competitive Landscape 37

Company Profile 39

Malaysia Smelting Corporation Berhad 39

      Table: MSC - Key Financial Data 41

Monument Mining 42

      Table: Monument Mining - Key Financial Data 44

Regional Overview 46

Asia - Q3 2014 46

Challenges 46

Opportunities 49

Global Industry Overview 54

Challenges 54

      Table: Mining - Select M&A Deals 58

Cause For Optimism 61

Methodology 68

Industry Forecast Methodology 68

Sources 69

Risk/Reward Rating Methodology 70

      Table: Mining Risk/Reward Ratings Indicators 72

      Table: Weighting Of Indicators 73

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