EMAS Begins Ore-Feeding Operations at the Pani Gold Mine

PT Merdeka Gold Resources Tbk (EMAS) announced that ore feeding at the Pani Gold Mine, Pohuwato Regency, Gorontalo Province officially began on November 12, 2025. This marks the start of the processing plant’s operational phase and a key milestone in EMAS’s transition toward its first gold pour, targeted for the first quarter of 2026.

EMAS President Director Boyke Poerbaya Abidin said ore feeding marks a new chapter for EMAS as it moves from construction into operations. “We are grateful the project is progressing as planned toward first gold production in early 2026. This is the result of our entire team’s hard work and stakeholder support. We are committed to operating the mine safely, efficiently, and sustainably, delivering real benefits for investors and the community,” Boyke said in a press release in Jakarta, Monday (November 17, 2025).

As of the end of October 2025, construction of the Pani Gold Mine had reached 83% completion, covering key facilities such as the heap leach pad, ADR plant, and supporting infrastructure. As part of its commitment to climate action and emissions reduction, EMAS has signed an agreement with PLN to use electricity from renewable sources through the Renewable Energy Certificate (REC) scheme.

The Pani gold mine has ore reserves of 190 million tons containing approximately 4.8 million ounces of gold, derived from a Mineral Resource Estimate of 292.4 million tons containing more than 7 million ounces of gold.

“Pani will become one of the largest primary gold mines in Indonesia. The project is designed as a low-cost mine with a long operating life,” Boyke continued.

Boyke further stated that as part of the MDKA Group, EMAS plays a strategic role in strengthening Merdeka’s multi-metal portfolio. The success of Pani will solidify EMAS’s position as a leading national gold producer, while enhancing Merdeka’s contribution to the development of a responsible national mining industry.

Disciplined construction, the application of environmentally friendly technologies, and a commitment to responsible mining practices position EMAS to generate long-term value. With the project on schedule and significant resource potential, EMAS is optimistic it will deliver a meaningful contribution to the Merdeka Group and create long-term value for shareholders and all stakeholders.

Source: https://swa.co.id/read/466189/emas-memulai-aksi-ore-feeding-di-tambang-emas-pani

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