Investor Presentaiton
MERDEKA
COPPER GOLD
Mining Method
Metals
Mineralisation Type
Ore Reserves¹
Mineral Resources¹
Estimated Mine Life
Process Method
Recovery Rate
Wetar Copper Mine
Production Information
Conventional open pit
Copper
Volcanogenic massive sulphide ("VMS")
127 kt cont. Cu
153 kt cont. Cu
-3 years
Sulphide heap leach
-80%
Workforce
~2,800 employees and contractors
Open Pit Mining
Processing Plant
唱
2022 Highlights
Full year production of 19,551 tonnes of copper
5,085 tonnes of copper sold at an average price of
US$7,326/t during 4Q 2022
US$179 million revenue achieved in 2022
1000
D
Full year cash cost of US$2.64/lb and AISC of
US$3.37/lb of copper produced
Regional 22,000m
exploration
programme
planned with a focus on the Partolang area. Results
received during 4Q 2022 for the Partolang Bridge
area were very encouraging. Updated resources is
expected in March 2023
No LTI occurred during the quarter and achieved
2.37 million man-hours without LTI with a YTD
TRIFR per million hours of 1.21 with two recordable
injuries during the quarter
1. Reserves and Resources information as of 31 December 2021 (https://merdekacoppergold.com/wp-content/uploads/2022/10/Consolidated-Mineral-Resources-and-Ore-Reserves-Statement-as-of-31-December-2021-Final.pdf)
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