Merdeka Copper Gold

PT Merdeka Copper Gold Tbk is an Indonesian mining company based in Jakarta that specializes in the exploration and production of gold, copper, and nickel. Founded in 2012, the company operates several key projects, including the Tujuh Bukit Gold Mine, the Pani Gold Project, and the Wetar Copper Mine. The Tujuh Bukit Mine features a significant undeveloped porphyry copper deposit alongside rich epithermal oxide gold and silver deposits, with a heap leach operation that began in early 2017. This mine is projected to yield approximately one million ounces of gold over its nine-year lifespan, benefiting from low operational costs and favorable recovery rates. Merdeka Copper Gold also has a diverse portfolio in nickel production, encompassing various projects and facilities. The company generates revenue from multiple geographical markets, including Indonesia and several countries across Asia and Europe.