Investor Presentaiton
Indonesia: Right Geological Address
MERDEKA
COPPER GOLD
Indonesia continues to be a significant player in the global mining industry, with significant production
of coal, copper, gold, tin and nickel including leading gold and copper assets such as Grasberg, Tujuh
Bukit, Batu Hijau and Martabe
Toka Tindung
•
Resources: 4.0 M oz Au
• Annual production: 132 k oz Au
• Produced 1.2 M oz Au since 2012
Sihayo
1.59 M oz Au
Tujuh Bukit
Resources: 30 M oz Au
8.75 Mt Cu
Gosowong
• Produced 5.7 M oz Au since 2000
Acquired by Indotan Halmahera Bangkit
from Newcrest for A$90m in March 2020
•
Grasberg (Freeport)
•
Resources: 37.2 Mt Cu, 97.7 M oz Au
• Annual production: 275 kt Cu, 863 k oz Au
• Produced 15.5 Mt Cu, 53.9 M oz Au since
1987
• Will be the world's largest block cave
mine
⚫ Rio and Freeport sold 51% interest for
US$3.5b to the Indonesian government in
2018
Pani
IUP Resources: 2.37 M oz Au
COW Resources: 2.30 M oz Au
Project
AIM
Hu'u
Resources: 15 Mt Cu and 27 M oz Au
Vale Development Project
Wetar
PrResources: 0.3 Mt Cu
Elang
Resources: 19.7 M oz Au
5.9 Mt Cu
Martabe
• Resources: 7.6 M oz Au
• Annual production: 355 k oz Au
• Produced 1.9 M oz Au since 2012
~US$1.2b acquisition by Pama (Jardines) in 2018
Batu Hijau
Developed and previously owned / operated by Newmont
• Resources: 3.8 Mt Cu, 9.0 M oz Au
• Annual Production: 143 kt Cu, 533 k oz Au
. Produced 3.6 Mt Cu, 8 M oz Au since 1999
⚫ US$1.3b acquisition of 48% by PT Amman in 2016
Legend:
Merdeka mines/projects
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