PT Merdeka Copper Gold Tbk (MDKA/Merdeka) managed to record unaudited revenue of USD 1.89 billion, or the equivalent of around IDR 31.7 trillion, throughout 2025.
Jakarta, MINE – PT Merdeka Copper Gold Tbk (MDKA/Merdeka) managed to record unaudited revenue of USD 1.89 billion, or the equivalent of around IDR 31.7 trillion, throughout 2025.
This achievement was driven by the significant performance of the gold mining segment, which was partially able to offset weakening revenues from nickel and copper amidst a challenging commodity environment.
MDKA President Director, Albert Saputro stated that 2025 will be a year of disciplined implementation and solid achievements for Merdeka. In the fourth quarter, the company advanced its growth platform while maintaining operational stability across its portfolio.
“With the Pani Gold Mine getting closer to initial production, continued performance at the Tujuh Bukit Mine, and increasing the scale of our nickel business, Merdeka is in a strong position to enter the next phase of growth and create long-term value for shareholders and stakeholders,” said Albert Saputro in an official statement received by TAMBANG, Tuesday (3/2).
The Tujuh Bukit Gold Mine (TB Gold) recorded production of 103,156 ounces gold throughout the 2025 financial year, supported by consistent mining performance, fleet optimization and operational discipline.
Gold sales reached 104,168 ounces with an average selling price of US$3,138/oz (+32% YoY), driving increased margins and cash flow.
The Pani Gold Mine (Pani), operated by PT Merdeka Gold Resources Tbk (BEI: EMAS), has successfully achieved a series of important milestones in the process. commissioning during the fourth quarter of 2025, including the start of mining activities, crushing of ore, as well as the accumulation of crushed ore in the area heap leach pad.
“Process commissioning facility Adsorption, Desorption and Recovery (“ADR”) is also proceeding according to plan, thus positioning Pani for the irrigation stage and first gold production in the first quarter of 2026,” he concluded.
Source: tambang.co.id
