- Published: Wednesday, 16 February 2011 04:52
- Written by John Miller
INDONESIA looks certain to replace Africa as the next mining investment story. It could be this year or maybe next but it will happen. Although investment has a patchy record, due to red tape, corruption and the Bre-X scandal, it seems the world’s third most populous nation has turned the corner. It is rich in resources, has a new mining law and there is huge demand from China, India, and traditional powerhouses South Korea and Japan.