Stock Exchange Listing: IDX:MDKA
Commodity: Gold | Copper
Market Cap: approx. US$500m
PT Merdeka Copper Gold is Asia’s newest producing gold mine, with its low capex, low opex and technically robust gold / silver heap leach project coming into production in March 2017.
The heap leach project will produce approximately 100,000 oz Au eq over the current 9 year reserve life at operating costs well within the lowest quartile of the industry.
Additionally and within the same mining license, Merdeka owns one of the world’s best undeveloped porphyry copper gold resources and the pre-feasibility for this project will commence in 2017.
The porphyry JORC Resource is 1.9Bn tonnes @ 0.45% Cu and 0.45 g/t Au.
Board of Directors / Management:
• Colin Moorhead – CEO
• Peter Scanlon – Project Director (Construction)
• Dave Morrison – GM Operations
Saratoga and Provident Groups, both well-known and highly respected Indonesia investors
Why should investors invest in you?
As a newly listed company, PT Merdeka Copper Gold Tbk is seeking to lift its market profile via the Mines and Money conference. The Company is fully funded for its current oxide gold heap leach development but is nonetheless interested in talking with both debt and equity investors.