KEY ACQUISITIONS AND INVESTMENTS
“ We ’ ve got a much stronger balance sheet and our market cap has increased from around $ 500mn to almost a billion ”
— Colin Moorhead , Executive Director of Merdeka
27 potential health risks , I believe you ’ ll find most underground mines in the world will go electric and I believe that ’ ll probably be using high tech rechargeable , quick charge batteries to do it .”
KEY ACQUISITIONS AND INVESTMENTS
Since Moorhead joined Merdeka , he has overseen important acquisitions such as that of Australia-based copper miner , Finders Resources Limited , and an agreement to purchase 66 % of a project in North Sulawesi called Pani . “ We took over Finders Resources to operate the Wetar Copper Mine in the Maluku province . We ’ ve leveraged our capabilities , both technical and non-technical , to help turn around an underperforming asset . We ’ re looking at transforming the operation to enable a more profitable organisation and allow for an exploration which will allow us to extend the mine life ,” says Moorhead . “ We ’ ve also just signed a deal for
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