Finders Resources
Finders Resources is an emerging copper producer through its Wetar copper project in eastern Indonesia (73% and earning), and has additional growth potential through its Ojolali gold-silver project in South Sumatra (72% with option). 2008 will see the first copper production at Wetar from a 5tpd cathode demonstration plant and a definitive feasibility study targeting copper cathode production of 20-25,000 tones per year. Finders has budgeted for up to 10,000m of drilling to expand on the gold and silver inferred resources (1 million Oz eq.) at the Ojolali Project. Finders has a highly accomplished management team, extensive Indonesian operating experience, and a strong focus on growth through development of quality mining projects.
Finders Resources secures seasoned mining veteran as General Manager
Securing suitably experienced senior management in the mining industry is never an easy task, hence the significance of Finders Resources (AIM & ASX: FND) announcement that they had appointed Robert Thomson as General Manager, Development, to oversee the successful completion of feasibility studies and development of the Wetar copper project in Indonesia.
Mr. Thomson brings 30+ years of Australian and international mining experience, including the development of seven greenfield projects across a broad range of minerals including coal, copper, nickel sulphides, copper-gold porphyry and gold.
In the last decade he worked as Project Manager and then General Manager Development for Kingsgate’s Chatree Gold Mine in Thailand, Project Director of Oxiana’s Sepon Gold Mine in Laos, CEO of Climax Mining before it was acquired by Oceana Gold and CEO of Asian Mineral Resources.
Russell Fountain, Executive Chairman commented:
“We are delighted to welcome Rob into our team for the Wetar Copper development and to personally re‐establish a working relationship from development of the Girilambone copper project in NSW in the early 1990s. Rob’s decision to join Finders represents a major vote of confidence in our Wetar copper project, and his recent experience in the south east Asian project development and commissioning will prove invaluable as we transitionFinders from explorer to producer status.”
Other Finders Resources articles
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22/12/08 Finders Resources anticipates first copper production in January
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23/05/08 Copper: Long term fundamental demand
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22/02/08 Finders Resources: all eyes on Wetar Pilot Plant
Other Finders Resources news
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07/01/09 Finders Resources Names Robert Thomson Executive Director
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15/10/08 Finders Resources directors pick up more shares
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04/09/08 Finders Resources to raise up to A$5 million
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11/07/08 Finders Resources expects Wetar Copper Project start-up in September
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02/06/08 Finders Resources increases Jambi resource by 33%
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07/04/08 Finders Resources says Jambi could host more gold
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11/03/08 Jambi may offer Finders Resources short term cash flow
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05/03/08 Finders Resources Chairman ups stake
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04/03/08 Finders Resources executive chairman ups stake
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25/02/08 Finders Resources gets good numbers from Ojolali
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