Pt Merdeka Copper Gold Tbk · IDX:MDKA
Pt Merdeka Copper Gold Tbk — Investor Day (May 2019)
24 slides from Pt Merdeka Copper Gold Tbk's investor day presentation, May 16, 2019
Slide 1: External Affairs
/ MERDEKA“® COPPER GOLD External Affairs Thursday, 16 May 2019
Slide 2: PT Merdeka Copper Gold Tbk
PT Merdeka Copper Gold Tbk Merdeka Copper Gold is a national owned mining company, managed by Indonesians at all levels of the organization. “To be a mining company that promotes sustainable development and environmental conservation”
Slide 3: Division/Department External Affairs
Division/Department External Affairs • Manage nontechnical and social issues • Covering three diverse operations around Indonesia with high cultural diversity, people, security risks, etc. • Develop relations, communicate, and engage with stakeholders that are very broad and complex • Working with L
Slide 4: Head Office (HO) Function & Work with Sites
Head Office (HO) Function & Work with Sites
Slide 5: Communication Affairs
Communication Affairs Corporate Communications (at MCG)/ Communications Affairs (at the site level) is to be responsible for communication into and out of the company, with the ultimate goal to build a positive reputation as a responsible mining company.
Slide 6: Community Affairs
Community Affairs Community Affairs works to ensure good relationship between company and its stakeholders, particularly around its mining operations, in an open and healthy interactions. The team also responsible in the implementation of Corporate Social Responsibility (CSR) programs as a manifesta
Slide 7: Government Affairs
Government Affairs Government Affairs ensures the company comply with all permit requirements at national, regional, and local levels.
Slide 8: Asset Protection
Asset Protection Asset Protections ensures the protection of all operation’s assets from any disturbance, including employees and staff as the most important asset.
Slide 9: Producing Copper & Gold with Heart
== PRODUCING COPPER & GOLD WITH HEART = INITIATING MCG EA DEPARTMENT REVIEW & RESTRUCTURE BSI EA DEPARTMENT START ASSISTING BKP-8TR ESTABLISH EA. FUNCTIONS AND. RESPONSIBILITIES, ORGANIZATION STRUCTURE, AND MANPOWER ESTABLISH RELATIONSHIP WITH COMMUNITY AROUND. BKP-BTR OPERATIONS. RESTRUCTURE BKP-BT
Slide 10: Strategic Strengthening in 2019
Strategic Strengthening in 2019 • Openness and sharing of information through grievance mechanism. • Improved Mine Tour • Establishment of Education and Training Centre at Tujuh Bukit Operations as a display of Good Mining Awareness. • Development of more competent and confident EA staff. • Cooperat
Slide 11: Thank you
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Slide 12: Legal Aspect
/ MERDEKA“* COPPER GOLD Legal Aspect Thursday, 16 May 2019
Slide 13: Mining Law and Regulations
Mining Law and Regulations • Regulation of Minister of Energy and Mineral Resources No. 9 of 2017 on Procedures and Determination of Share Divestment Prices and Changes to Investment in the Mineral and Coal Mining Business (as amended by Regulation No. 19 of 2018) • Law No. 32 of 2009 on Environment
Slide 14: Main Permit and Licenses
Main Permit and Licenses 1. Exploration IUP: for exploration activities. 2. Operation Production IUP: for conducting mining operational activities. 3. Special Operation Production IUP: for conducting processing activities 4. IUP Services: for providing mining services 5. Borrow-to-Use Forestry Permi
Slide 15: MCG Compliance
MCG Compliance • Merdeka and its subsidiaries have obtained the required legal documents and permits to perform mining related activities. • In 2018 and 2019, our outside counsel and our counterparts’ lawyers perform due diligence on Merdeka compliance several times, as Merdeka actively taking corpo
Slide 16: MCG Group Corporate Structure
MCG Group Corporate Structure
Slide 17: MCG Group Members Who Hold IUP
MCG Group Members Who Hold IUP PT MCG Tbk Group Members and Their Current Licenses AREA & EXPIRATION No NAME TYPE of RIGHT COMMODITY LOCATION DATE Gold and 4,998.45 Acres, 1. PT Bumi Suksesindo IUP-OP 24 January 2030 associated minerals Banyuwangi IUP – OPK PT Batutua Tembaga 2. Processing and Coppe
Slide 18: Prohibition To Export: Regulation (1)
Prohibition To Export: Regulation (1) Government Regulations No. 1 of 2014 on Implementation of Coal and Minerals Mining Activities as lastly amended by Government Regulation No.1 of 2017 prohibiting the following minerals to be exported unprocessed: • After 10 January 2017, copper, iron ore, ilmeni
Slide 19: Prohibition To Export: Regulation (2)
Prohibition To Export: Regulation (2) Based upon the regulation, a mining company has two options: • First Option: build and operate its own processing plant, of which no additional mining permit is required; • Second Option: cooperate and sign an agreement with a processing company holding a mining
Slide 20: Prohibition To Export: Merdeka Case
Prohibition To Export: Merdeka Case 2 mining companies in production stage under Merdeka group choose the second option to process their minerals before exporting: • PT Bumi Suksesindo, holder of the mining right of gold and its associated minerals, signs a refinery agreement with PT Aneka Tambang (
Slide 21: Prohibition To Export: Exemption
Prohibition To Export: Exemption As per Minister of Energy and Mineral Resources Regulation No. 25 of 2018, exemption(s) to export limitation were set in place. From 3 May 2018 to 11 January 2022, COW, IUP and IUPK holders may export partially processed minerals provided that: • IUP-OP and IUPK hold
Slide 22: Divestment Requirements - Regulation
Divestment Requirements - Regulation The Mining Law and its implementing regulations require foreign shareholders to gradually divest portions of their shareholdings, making initial offers to the Central Government of the Republic of Indonesia, then regional or municipal governments. After five year
Slide 23: Divestment Requirements – Merdeka Case
Divestment Requirements – Merdeka Case • In Merdeka Group there are 2 members having PT PMA status, namely: PT BTR and PT BKP, who started the production stage in 2016. • PT BTR is 100% owned by foreign investors, namely Finders Resources Ltd, Banda Minerals Pty Ltd (Finders wholly owned company), a
Slide 24: Thank you
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