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Additional information
Additional Information
Market: AIM, ASX
Sector: Mining
Epic: FND
News: Latest news
Web Site: Finders Resources
Other Articles: 22-07-201007-07-201025-06-2010 
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Thursday July 29, 09:30Specialist Energy Group Lays Out a Compelling Blueprint for Growth

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

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Wednesday July 28, 11:30Silver Lake Resources boosts high grade gold resource by 70% to 2.5m ounces

Silver Lake Resources has added over 1 million ounces of gold to its resource inventory during the year after mining 66,700 ounces and expects further encouraging results at its  Mount Monger and Murchison projects.

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Thursday July 15, 02:10Henan Yuguang Lead & Gold investment in Kimberley Metals receives all clear from FIRB

Kimberley Metals (ASX: KBL) has reported that on 12 July the Australian Government Foreign Investment Review Board (FIRB) had no objections to Henan Yuguang Lead & Gold Co. Ltd's [...]

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Finders Resources

Finders Resources

Finders Resources' operations include development of the wetar copper project, exploration for copper and gold in Indonesia and investment in resource-based companies. The Company has 93.97% interest in wetar copper project, Indonesia. The Company’s interests in the wetar project and the ojolali project are held through its subsidiaries, Banda Minerals Pty Ltd and Way Kanan Resources Pty Ltd. The Company operates in two geographical locations, being Australia and Indonesia. Its minerals business is based in Indonesia where it is developing a copper project on the island of Wetar and conducting mineral exploration on Wetar Island and Sumatra.

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Wednesday, March 10, 2010

Finders Resources changes year-end date to 31 December

Finders Resources (AIM, ASX: FND) has received official approval to change its financial year-end from 30 June to 31 December to align the balance dates of companies in the group, which will be effective from 31 December 2009 with the first financial report for the six months ended 2009 set to be released on 16 March.

Back in late January the company said the definitive study (DFS) at its Wetar copper project estimated life of mine costs at US$1/lb of copper. As scoped the project DFS arrived at a Net Present Value of US$240 million pre‐tax at $6,500/t copper, with a total funding requirement of up to US$118 million.

Late last year, the company acquired Whim Creek SX-EW (solvent extraction and electrowinning) plant from a subsidiary of Straits Resources Ltd. The Whim Creek plant has a producing capacity of 18,000 tonnes of copper cathode per annum and is suited to Finders’ needs at its Wetar copper project in Indonesia.

Diamond drill testing of new areas of epithermal gold silver veining at Way Neki at the company’s Ojolali gold-silver project is currently underway with the goal of increasing the oxide gold resource to over 300,000 oz of gold.

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