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Merdeka Copper Gold - Announced positive feasibility study results for its Pani Gold Project

PT Merdeka Copper Gold Tbk (MDKA) announced positive Feasibility Study results for its Pani Gold Project in Gorontalo, Sulawesi. The study confirms Pani as a large-scale, low-cost open-pit operation with a projected peak gold production of 500,000 ounces per annum and an ultimate processing capacity of 19.0Mtpa. The project boasts robust economics with a post-tax NPV8 up to US$2.89 billion and an IRR of 41%. Initial production is targeted for late 2025, with the first gold pour expected in early 2026.


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