Merdeka Copper Gold Targets Doubling Gold Output to 205,000 Ounces in 2026 Amid Nickel Expansion
PT Merdeka Copper Gold aims for gold production of 180,000 to 205,000 ounces in 2026, nearly doubling 2025 output of 103,156 ounces. This increase will come from the Pani Gold Mine and Tujuh Bukit Gold Mine, pending approval from the Energy and Mineral Resources Ministry. The Tujuh Bukit mine sold 104,168 ounces of gold in 2025, with a 32% price increase. The Pani Gold Mine is on track for initial production in Q1 2026 after commencing key operational activities.
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PT Merdeka Copper Gold has set a gold production target of 180,000 to 205,000 ounces for 2026, nearly doubling its 2025 output of 103,156 ounces. This increase is expected from the Pani Gold Mine and the Tujuh Bukit Gold Mine, subject to approval from the Energy and Mineral Resources Ministry.
In 2025, Tujuh Bukit produced 103,156 ounces and sold 104,168 ounces at an average price of $3,138 per ounce, a 32% increase year-on-year. The Pani Gold Mine is on track for initial production in Q1 2026, with ongoing commissioning activities.
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