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 Names Robert Thomson Executive Director
Finders Resources Ltd said it appointed Robert Peter Thomson as an executive director with immediate effect. He was previously the company's general manager, development and still has the prime responsibility for successful completion of feasibility studies and subsequent development of the Company's Wetar copper project.
Executive chairman Russell Fountain said: "We are delighted to welcome Rob to the company's board. His recent experience with south east Asian project development and commissioning has already proven invaluable to the company."
Other Finders Resources articles
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01/06/09 Finders Resources to acquire copper cathode plant, adds to project certainty
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20/03/09 Finders Resources boosts upside with A$5.6m placement for Wetar Copper Project
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12/03/09 Finders Resources – Indonesia’s first heap leach copper cathode producer
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09/03/09 Finders Resources ships first copper cathode from Wetar Copper Project in Indonesia
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16/01/09 Finders Resources secures convertible loans from Resource Capital and directors
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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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25/06/09 FinnCap issues upbeat note on Finders Resources after Wetar copper project update
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25/06/09 Finders Resources making ‘excellent progress’ on Wetar copper project feasibility study
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03/06/09 Finders Resources names Michael Stirzaker finance director
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11/05/09 Finders Resources receives notice of substantial shareholder
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27/04/09 Finders Resources to focus on feasibility study for Wetar copper cathode project
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25/03/09 Finders Resources appoints Resource Capital principal to board, will appoint a finance director
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17/03/09 Finders produces high grade LME cathode copper product from Wetar in Indonesia
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13/03/09 Chris Farmer, Managing Director of Finders Resources talks to Proactiveinvestors
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18/02/09 Finders Resources resumes copper cathode production at Wetar project
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10/02/09 Finders Resources starts copper plating at Wetar demonstration plant
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