PT MERDEKA COPPER GOLD TBK
of PT Bumi Sukesindo ( BSI ), which is permitted for mining production , and PT Damai Sukesindo ( DSI ), which holds the adjacent exploration permit . The company is fully engaged in Indonesia ’ s mining industry and , working to international standards , is focussed on developing the country ’ s gold , silver , copper and other mineral deposits .
The company has three major Indonesian shareholders , one of which is PT Saratoga Investama Sedaya , Tbk – the country ’ s premier investmentholding company , PT Provident Capital Indonesia , a leading investor in Southeast Asia , and Pak Garibaldi Thohir . This winning combination ensures that the mine will remain liquid throughout its life .
“ The technical mining potential in Indonesia is huge ,” Moorhead comments . “ It has some of the biggest gold and copper deposits in the world . What we aim to do is create an internationally respected , high standard and high integrity mining company . Tujuh Bukit has a typical epithermal gold oxide cap that has been developed as an open pit
“ We have a commitment to spend 1.5 percent of our return revenue capital on local projects ”
– Colin Moorhead , CEO
48 June 2017