Paul Burnett
Director and Principal at IMP Minerals (PT Indo Mineralita Prima)- Claim this Profile
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Bio
Experience
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IMP Minerals (PT Indo Mineralita Prima)
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Indonesia
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Mining
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1 - 100 Employee
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Director and Principal
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Feb 2016 - Present
Developed the project from greenfiled through to production with milestones below:MILESTONES:• January 2015 IMP CSPA Agreement Signed• May 2015 Exploration on Phase 1 Drilling completed• June 2015 SPA Completed• March 2016 Geomagnetic Survey Completed• June 2016 Geological survey and mapping completed• October 2016 DFS completed• January 2017 Land selected for Smelter Construction• May 2017 MCC/Enfi were selected as EPC partner• October 2017 IPPKH Recommendation from Governor • September 2018 Phase 2 Drilling Completed• November 2018 IPPKH Issued• June 2019 DAS Completed • August 2019 Phase 3 Drilling Completed• August 2019 Test pit Completed• September 2019 NFC China EPC Cooperation• October 2019 Concentration Plant Purchased• October 2019 Preliminary JORC Report Completed Reserve 12 million MT• December 2019 RKAB Issued• January 2020 mining Operation begins• January 2020 Northern Porphyry Report preliminary estimation • April 2020 RKAB 2020 issued • July 2020 “Strategic Partnership Agreement” signed with China Non Ferrous• August 2020 First ore sales agreement signed with PT PKC• September 2020 excavation completed for B3 Licence• December 2020 operation started again after Covid 19 delay• 5,000 MT delivered to buyer in December 2020
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Principal & Managing Director
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Jan 2010 - Jan 2016
A mine exploration company. We as a company looked at 3,000+ mining projects in Indonesia and surrounding countries including Mongolia and Australia. We completed desk top studies, site visits, mapping and all non technical due diligence including licensing etc on a large number of projects until we were able to consider three mining projects in Indonesia. After further exploration and due diligences in 2015 we signed SPA to take over a lead and zinc project in Kalimantan, Indonesia. We completed a drilling program from March 2015 to July 2015 which made the decision to buy PT Indo Mineralita Prima.
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