Finders Resources gets key mining permits for Indonesia copper project

Finders Resources said it has been granted key mining permits for the development of the Wetar copper project in Indonesia, calling it a &lwash plant for gold for saledquo;major breakthrough”. The permits, issued by the District of Maluku Barat Daya under the new Indonesian Mining Law, are valid for 20 years. Together they are equivalent to an Australian mining lease.

On issuing the permits, Drs Barnabas Orno, Regent of Maluku Barat Daya, Indonesia, said: “One of my priorities is a serious commitment to investors and entrepreneurs, both nationally and internationally, and to demonstrate that Maluka Barat Daya is very conducive for, and supportive of, investment. “The Wetar copper project has shown a significant role in job creation and new economic activities for the local community. My request is that the issue of the Wetar copper operations permits will create momentum for the business community to increase participation in local development and will be seen as an encouraging message for investors...