Pt Merdeka Copper Gold Tbk · IDX:MDKA
Pt Merdeka Copper Gold Tbk — Investor Day (May 2019)
121 slides from Pt Merdeka Copper Gold Tbk's investor day presentation, May 2019
Slide 1: Investor Day & Tujuh Bukit Site Visit
Investor Day & Tujuh Bukit Site Visit May 2019 PT Merdeka Copper Gold Tbk. 1
Slide 2: Agenda
AGENDA Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP
Slide 3: Team Introduction
Team Introduction 21 8 18 14 3 15 4 9 8 3 9 3 30 6 10 10 18 18 19 7 10 15 4 15 18 16 2 18 10 8 12 12 15 4 16 2 3 7 18 8 5 3 10 6 2 3 4 8 10 16 4 17 8 8 15 3 3 15 15 15 PT Merdeka Copper Gold Tbk. 60 # 618 yrs 3
Slide 4: Introduction
Introduction PT Merdeka Copper Gold Tbk. 4
Slide 5: Team Introduction – Seruyung Gold Project
Team Introduction – Seruyung Gold Project 21 8 9 8 3 9 10 7 15 8 18 8 10 3 PT Merdeka Copper Gold Tbk. 14 # 5
Slide 6: Team Introduction – Seruyung Gold Project
Team Introduction – Seruyung Gold Project PT Merdeka Copper Gold Tbk. 6
Slide 7: Team Introduction – Seruyung Gold Project
Team Introduction – Seruyung Gold Project PT Merdeka Copper Gold Tbk. 7
Slide 8: Team Introduction – Newmont Sumbawa
Team Introduction – Newmont Sumbawa 21 18 30 10 18 18 19 15 15 18 12 10 12 4 16 7 5 10 8 8 15 15 15 PT Merdeka Copper Gold Tbk. 8 22 #
Slide 9: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 9
Slide 10: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 10
Slide 11: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 11
Slide 12: Team Introduction – Suban Gas Project
Team Introduction – Suban Gas Project 21 8 18 14 30 10 10 18 18 19 10 15 15 18 18 12 10 12 4 16 5 10 8 15 15 PT Merdeka Copper Gold Tbk. 12 25 #
Slide 13: Team Introduction – Suban Gas Project
Team Introduction – Suban Gas Project PT Merdeka Copper Gold Tbk. 13
Slide 14: Team Introduction – Haul Road & Conveyors
Team Introduction – Haul Road & Conveyors 21 8 18 3 15 4 9 8 3 9 30 6 10 18 18 19 10 15 4 18 2 12 10 12 4 16 2 5 3 6 2 4 8 17 15 15 15 PT Merdeka Copper Gold Tbk. 14 37 #
Slide 15: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 15
Slide 16: Team Introduction – Haul Road & Conveyors
Team Introduction – Haul Road & Conveyors PT Merdeka Copper Gold Tbk. 16
Slide 17: Team Introduction – Haul Road & Conveyors
Team Introduction – Haul Road & Conveyors BUILDING A LEADING INDONESIAN COPPER GOLD COMPANY PT Merdeka Copper Gold Tbk. 17
Slide 18: Tujuh Bukit
Tujuh Bukit Tujuh Bukit PT Merdeka Copper Gold Tbk. 18
Slide 19: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 20: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: • Daily tool-box meetings • Weekly full project safety meetings • Monthly full project safety meetings PT Merdeka Copper Gold Tbk. 20
Slide 21: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: • Safety Committee Meetings (cross section all) PT Merdeka Copper Gold Tbk. 21
Slide 22: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: Creating LEAD INDICATORS… • Safety Committee Meetings (cross section all) • Safety Contractor Meetings (contractors) • Site Management Safety Inspections (management) PT Merdeka Copper Gold Tbk. 22
Slide 23: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: Creating LEAD INDICATORS… • Safety Committee Meetings (cross section all) • Safety Contractor Meetings (contractors) • Site Management Safety Inspections (management) • Hazard Report system (all personnel) PT Merdeka Copper Gold Tbk. 2
Slide 24: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: Creating LEAD INDICATORS… Tidak Aman HHentikan AA entikanLL A Lporkan porkan porkan Ama AmaNNkan Ama AmaNN kan kan kan Not Safe? Stop! Report. Make Safe. 1. Planning Prepare the JSEA or Procedure and discuss the requirements for the jo
Slide 25: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: Creating LEAD INDICATORS… PT Merdeka Copper Gold Tbk. 25
Slide 26: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety Developing Project Safety Culture: Creating LEAD INDICATORS… Observsai Kerja Aman Safe Behavioral Observation PT Merdeka Copper Gold Tbk. 26
Slide 27: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety PT Merdeka Copper Gold Tbk. 27
Slide 28: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety • All small tools • Jackhammers • Whacker Packers • Chainsaws • Welding • Oxy/Acetylene • Grinding • Driving Simper’s PT Merdeka Copper Gold Tbk. 28
Slide 29: Tujuh Bukit - Health & Safety
Tujuh Bukit - Health & Safety PT Merdeka Copper Gold Tbk. 29
Slide 30: Health & Safety
Health & Safety PT Merdeka Copper Gold Tbk. 30
Slide 31: Agenda
AGENDA Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP
Slide 32: Tujuh Bukit - Environment
Tujuh Bukit - Environment Environmental Risk: Katak Creek Outfall PT Merdeka Copper Gold Tbk. 32
Slide 33: Tujuh Bukit - Environment
Tujuh Bukit - Environment PT Merdeka Copper Gold Tbk. 33
Slide 34: Tujuh Bukit - Environment
Tujuh Bukit - Environment PT Merdeka Copper Gold Tbk. 34
Slide 35: Tujuh Bukit - Environment
Tujuh Bukit - Environment PT Merdeka Copper Gold Tbk. 35
Slide 36: Tujuh Bukit - Environment
Tujuh Bukit - Environment PT Merdeka Copper Gold Tbk. 36
Slide 37: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 38: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 194 Ha PT Merdeka Copper Gold Tbk. 38
Slide 39: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 994 Ha 194 Ha PT Merdeka Copper Gold Tbk. 39
Slide 40: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) Mine PT Merdeka Copper Gold Tbk. Front gate 40
Slide 41: Front gate
PT Merdeka Copper Gold Tbk. Front gate 41
Slide 42: Front gate
PT Merdeka Copper Gold Tbk. Front gate 42
Slide 43: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 43
Slide 44: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 44
Slide 45: PT Merdeka Copper Gold Tbk.
PT Merdeka Copper Gold Tbk. 45
Slide 46: Dam 6 (December 2015)
Dam 6 (December 2015) PT Merdeka Copper Gold Tbk. 46
Slide 47: Dam 2 (January 2016)
Dam 2 (January 2016) PT Merdeka Copper Gold Tbk. 47
Slide 48: Dam 4 (March 2016)
Dam 4 (March 2016) PT Merdeka Copper Gold Tbk. 48
Slide 49: Dam-1 Dam-3
Dam-1 Dam-3 PT Merdeka Copper Gold Tbk. 49
Slide 50: Heap Leach Pad
Heap Leach Pad PT Merdeka Copper Gold Tbk. 50
Slide 51: D&C Explosives Magazine
D&C Explosives Magazine PT Merdeka Copper Gold Tbk. 51
Slide 52: D&C Camp access road
D&C Camp access road PT Merdeka Copper Gold Tbk. 52
Slide 53: D&C offices, fuel farm, workshop, warehouse
PT Merdeka Copper Gold Tbk. D&C offices, fuel farm, workshop, warehouse 53
Slide 54: ADR Gold Plant
ADR Gold Plant PT Merdeka Copper Gold Tbk. 54
Slide 55: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 994 Ha PT Merdeka Copper Gold Tbk. 55
Slide 56: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) PT Merdeka Copper Gold Tbk. 56
Slide 57: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) Dam 5 (April 2016) Dam 1 (December 2016) PT Merdeka Copper Gold Tbk. 57 Dam 3 (November 2016)
Slide 58: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) D&C Mine Infrastructure Area PT Merdeka Copper Gold Tbk. 58
Slide 59: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) Ore Preparation Plant 59 PT Merdeka Copper Gold Tbk.
Slide 60: Rainfall, mm
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 600 Tujuh Bukit Actual 2015 Tujuh Bukit Actual 2016 Yearly Comparison for Pulau Merah Tujuh Bukit Actual 2017 2009 - 2015 vs 2016 vs 2017 Tujuh Bukit Ave (2009 - 2015) 500 479 455 420 Tujuh Bukit Tujuh Bukit 399 2017 rainfall 2016 rainfall 400 3
Slide 61: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) Heap Leach Pad PT Merdeka Copper Gold Tbk. 61
Slide 62: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) Ore stacking & Irrigation Bay Bay Bay Bay Bay 5 4 3 2 1 Interim SWP PT Merdeka Copper Gold Tbk. 62
Slide 63: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) ADR PT Merdeka Copper Gold Tbk. 63
Slide 64: First Gold in March
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) First Gold in March 2017 PT Merdeka Copper Gold Tbk. 64
Slide 65: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 100.0% 80.0% 6-week delay due to excessive wet weather in ‘dry season’ 60.0% Plan Progress 100.0% Actual Progress 98.0% Schedule Varia nce (SV) -2.0% 40.0% Schedule Performance Index (SPI) 98.0% 20.0% 0.0% Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-
Slide 66: Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017)
Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) 2.2M Remaining Project Manager – Site Variation Allowance PT Merdeka Copper Gold Tbk. 66
Slide 67: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 68: Merdeka Group Structure
Merdeka Group Structure : majority share ownership : minority share ownership Corporate structure: Yellow : active IUPs PT Merdeka Copper Gold Tbk. Blue : inactive IUPs PT Bumi Suksesindo PT Merdeka Mining Servis Eastern Field PT Pani Bersama Development Jaya Ltd. PT Cinta Bumi Suksesindo Finders PT
Slide 69: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 70: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) Pit-A staged clearing, grubbing & topsoil removal D&C Pit-A Haul Road PT Merdeka Copper Gold Tbk. 70
Slide 71: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) Pit-C staged clearing, grubbing & topsoil removal D&C Pit-C Haul Road PT Merdeka Copper Gold Tbk. 71
Slide 72: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) D&C Pit-A Sediment Sump PT Merdeka Copper Gold Tbk. 72
Slide 73: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) D&C Candrian Bay access road PT Merdeka Copper Gold Tbk. 73
Slide 74: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) D&C Candrian Bay jetty and fuel cutting PT Merdeka Copper Gold Tbk. 74
Slide 75: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) D&C Camp upgrade Kitchen & mess Badminton Footsal PT Merdeka Copper Gold Tbk. 75
Slide 76: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) HLP Stage 2A Stage 2A Stage 1A PT Merdeka Copper Gold Tbk. 76
Slide 77: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) HLP Stage 2A Stage 2A PT Merdeka Copper Gold Tbk. 77
Slide 78: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) Decline Boxcut Insert Jumbo PT Merdeka Copper Gold Tbk. 78
Slide 79: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) Decline Boxcut PT Merdeka Copper Gold Tbk. 79
Slide 80: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) • Fire water pump Decline Boxcut • 20kV Substation • Step Down Transformer 22-11kV • Step Down Transformer 22-04kV • 110kw Twin Stage Vent Fan • 2 x 55kw Mono Pumps • 350kL Raw Water Tank • Back up Genset • Step up Transformer 0.4- 11KV • 650CFM Electric Compress
Slide 81: Tujuh Bukit Project - Phase 2 (2017)
Tujuh Bukit Project - Phase 2 (2017) OPEN Budget AC ETC EAC Cost Variance COMMITMENT INDIRECT COST $ 5,775,156 $ 698,079 $ 16,659 $ 4,876,965 $ 5,591,702 $ 183,454 10 - HLP STAGE 2 $ 8,875,976 $ 2,332,969 $ 958,132 $ 4,651,013 $ 7,942,113 $ 933,863 HLP UPPER ACCESS $ 264,971 $ 31,841 $ 1,835 $ 126,9
Slide 82: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 83: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) Dam 1 raise Raise 2.5m Extend toe 7.5m PT Merdeka Copper Gold Tbk. 83
Slide 84: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) Decline Boxcut Eastern sediment sump 1 Eastern sediment sump 2 PT Merdeka Copper Gold Tbk. 84
Slide 85: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) D&C Porphyry Core Shed PT Merdeka Copper Gold Tbk. 85
Slide 86: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) D&C Pit-C Sediment Sump completed PT Merdeka Copper Gold Tbk. 86
Slide 87: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) D&C Camp upgrade PT Merdeka Copper Gold Tbk. 87
Slide 88: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) D&C Camp upgrade D&C Camp expansion PT Merdeka Copper Gold Tbk. 88
Slide 89: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) OPP-2 PT Merdeka Copper Gold Tbk. 89
Slide 90: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) Webcam In-loading Webcam Out-loading PT Merdeka Copper Gold Tbk. 90
Slide 91: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) Webcam In-loading Webcam Out-loading PT Merdeka Copper Gold Tbk. 91
Slide 92: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) HLP Stage 1B & 2B PT Merdeka Copper Gold Tbk. 92
Slide 93: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) HLP Stage 1B & 2B PT Merdeka Copper Gold Tbk. 93
Slide 94: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) HLP Stage 1B & 2B PT Merdeka Copper Gold Tbk. 94
Slide 95: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) D&C Eastern Access Road Eastern Access Road PT Merdeka Copper Gold Tbk. 95
Slide 96: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) Completed on schedule Re-baseline schedule due to excess soil nailing PT Merdeka Copper Gold Tbk. 96
Slide 97: Tujuh Bukit Project - OXP (2018)
Tujuh Bukit Project - OXP (2018) OXP Budget • 41M budget • + 2.4M total site variation allowance Forecast vs budget: • On budget @ 41M • +1.1M site variation allowance remaining (released 1.3M) PT Merdeka Copper Gold Tbk. 97
Slide 98: Journey of Merdeka Construction
Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP (2018)
Slide 99: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works Tujuh Bukit Wetar PT Merdeka Copper Gold Tbk. 99
Slide 100: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works PT Merdeka Copper Gold Tbk. 100 100
Slide 101: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works Area 8 Area 2 Area 6 Area 5 Area 7 Area 3 Area 4 PT Merdeka Copper Gold Tbk. 101
Slide 102: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works Rock revetment (expanding existing coastal road) Drive through parking established Major Remaining Cut : 65 Kbcm to Complete STB wall Guard rails PTConcrete extended, Merdeka Copper guardrails installed, brickwalls STB Gold Tbk. Covered walkways New Mosque 102
Slide 103: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works ROM ore stockpile complete Concrete retaining walls complete. Gabion retaining walls ongoing Crusher office underway Generator pad complete Fuel tank complete HDPE lining underway Epiroc / Drilling Office Washbay complete PT Merdeka Copper Gold Tbk. 103 Workshop com
Slide 104: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works SWP-02 Raise SWP-02 Raise Ext. PT Merdeka Copper Gold Tbk. 104
Slide 105: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works New Seed pump installed 2 x Underflow pump Seed pump New Filter Press foundations foundation complete commissioning completed complete Filter feed pipeline installed New Feed pump installed PT Merdeka Copper Gold Tbk. 105
Slide 106: Wetar Copper – 2019 Capital Works
Wetar Copper – 2019 Capital Works Actual Cost Estimate to Estimate at No Project Original Budget Open Commitment Cost Variance Remarks JTD Complete Completion 1 Lerokis Haul Road (2018-2019) $ 12,572,643 $ 8,276,384 $ 218,091 $ 2,320,176 $ 10,814,651 $ 1,757,992 2 SWP2 Raise $ 635,170 $ 381,963 $ 95
Slide 107: Agenda
AGENDA Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP
Slide 108: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works PT Merdeka Copper Gold Tbk. 108
Slide 109: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works Candrian Jetty extension : • Boulder placement near complete • On going underwater works (gabion & concrete block installaton) PT Merdeka Copper Gold Tbk. 109
Slide 110: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works Workshop Extension : • On going concrete foundation • On going container modification • Igglo ETA End-May Container Office Relocation: • Trakindo office relocation complete • Epiroc office relocation complete New MIA Warehouse : • On going internal fit out Si
Slide 111: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works CIC 2 Circuit: • Wet commissioning complete Clarifier : • Mechanical installation complete • Vendor commissioning Mid June Water softening plant : • Installation complete Flocculant: • Vendor commissioning mid- • Installation complete May • Vendor commissioni
Slide 112: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works Heap Leach Booster Station : • Booster pumps installation complete • Power energized. • Bump test of booster pump underway PT Merdeka Copper Gold Tbk. 112
Slide 113: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works Emulsion Plant : • Emulsion plant installation complete • Piping and electrical works underway DNX workshop and office : • Concrete works underway PT Merdeka Copper Gold Tbk. 113
Slide 114: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works 100% 25% 90% 2019 Sustaining Capital Project: • 16% ahead of schedule • Actual progress 36.8% Vs 20.8% 80% planned 20% 70% 60% 15% 50% 40% 10% 30% 20% 5% 10% 0% 0% Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Plan - Peri
Slide 115: Tujuh Bukit Project – 2019 Capital Works
Tujuh Bukit Project – 2019 Capital Works PT Merdeka Copper Gold Tbk. 115
Slide 116: Agenda
AGENDA Journey of Merdeka Construction: • Construction Team Introduction • Tujuh Bukit – Health & Safety • Tujuh Bukit – Environment • Tujuh Bukit Project - Phase 1 (mid 2015 to early 2017) • Formation of Merdeka Mining Servis (MMS) • Tujuh Bukit Project - Phase 2 (2017) • Tujuh Bukit Project - OXP
Slide 117: Pani Gold – Preliminary Works
Pani Gold – Preliminary Works Pani Tujuh Bukit Wetar PT Merdeka Copper Gold Tbk. 117
Slide 118: Pani Gold – Preliminary Works
Pani Gold – Preliminary Works PT Merdeka Copper Gold Tbk. 118
Slide 119: Pani Gold – Preliminary Works
Pani Gold – Preliminary Works PT Merdeka Copper Gold Tbk. 119
Slide 120: Pani Gold – Preliminary Works
Pani Gold – Preliminary Works PT Merdeka Copper Gold Tbk. 120
Slide 121: Merdeka Mining Servis – MMS
Merdeka Mining Servis – MMS • Proven 4 year track record: • 215M of EPC works • 4.5M under budget • Absolute majority of work on / ahead of schedule • HSE focus: • Proven systems and procedures • Exceptionally skilled and experienced national staff • Multi-disciplined works: • EPC • Design & Constru