• GDP in quarter I 2011 grew 6.5% (y-on-y)        3
• Contribution of mining sector growing but decline recorded in the contribution of the manufacturing sector        4

• Backgrounds        6
• Indonesia' mineral reserves        7
• Metal Mining Companies        8
• Main players in metal mining industry        10
• Bad weather hampers production of metal minerals        14
• Gold production fluctuates        15
• PT NNT boosts copper production in 2010 before expansion        16
• Production of tin declining        16
• Nickel production stable        17
• Business players in metal mining industry almost unchanged        18
• Eastern Indonesia main producer of metal minerals        19
• Domestic sales        21
• Exports of metal minerals        22
• Gold exports down on decline in performance of PT Freeport        22
• Nickel exports in 2011 feared to decline        23
• Tin exports shrinking        23
• Singapore the main buyer of Indonesian tin, 2011        24
• Marketing        24
• Waste treatment vital for the survival of mining operations        26
• Indonesia's mining policy marked with conflicting regulations        28
• New Investment and Mining Expansion by PT Antam Tbk        29
• Prospects and Conclusion        32

• Backgrounds        33
• Reserves declining        33
• Nickel        34
• Gold        35
• Bauxite        36
• Coal        37
• Financial performances        37
• Marketing        40
• Joint ventures        41

• Backgrounds        43
• Investment holding        44
• Gold mining core business        44
• Production        45
• Expansion        46
• Share divestment        47

• The role of smelters on non ferrous metal industry        50
• Existing Smelters        54
• Smelter investment projects        60

• Mitra Adiperkasa and Matahari Putra Prima eyeing eastern Indonesia        64
• Wilmar ready to invest US$ 900 million        64
• Total plans to open 8 more units of SPBU this year        64
• Semen Gresik needs US$ 700 million        64
• Bhakti Investasma hopes to wrap up acquisition of mines        65
• Two US copper and gold mining companies to go public        65
• Bank Hana ready for merger with KEB        66
• Auto 2000 to invest Rp 800 billion        66
• XL to strengthen networks in eastern Indonesia        66
• L'Oreal to invest US$ 100 million for expansion        67
• Former scandal hit Bank Century for sale        67
• Lotte to build US$5 billion petrochemical project in Indonesia        67
• Daihatsu spends Rp 2.1 trillion on new factory        68

• Indonesia's exports on non-oil/gas commodities peak at US$129.7 billion in 2010        69
• Indonesian car makers boost exports        69
• At leas 22 foreign shoemakers to build factories        69
• Indonesian banks post Rp 57.31 trillion in profit        70
• Forestry ministry adopts AVLK to prevent entry of illegal logs to EU        70
• Reciprocity demanded in banking operation license        70
• Pulp producers criticizes moratorium        71

• Directory of Mining Companies in Indonesia        72

• Economic Indicators        78
• Export and import        79
• Gross Domestic Product        80
• Oil Price and Foreign Exchange        81
• The Indonesian Economic Trends