BMI View: We forecast Bulgaria’s mining sector will remain a relatively small mineral producer in Eastern Europe focusing primarily on supplying domestic industry. This will result in minimal changes to output, and we forecast the mining sector value will grow very slightly over our forecast period of to 2017. The country’s main mineral commodities are coal and copper, with additional production of zinc, lead and gold. We forecast Bulgaria’s mining industry value to grow at an annual average rate of 1.5% from 2012 levels, reaching US$941mn in 2017, due to our expectations for weakening metals prices and little production growth. …
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