Gold Price and Market Update: Merdeka Gold’s First Sale of Gold Bullion to Antam Marks Key Production Milestone

Merdeka Gold’s Initial Gold Sale from Pani Mine to Antam

PT Merdeka Gold Resources Tbk (EMAS) announces its first gold bullion sale from the Pani mine. This act marks a shift to commercial production. The sale moved 16.06 kilograms (about 516 ounces) of gold. Its subsidiary, PT Puncak Emas Tani Sejahtera (PETS), directed the gold to PT Aneka Tambang (Persero) Tbk (Antam). The transaction binds Merdeka Gold and Antam in a Gold Sales and Purchase Agreement that backs local gold production and joins Indonesia’s gold chain.

Increase in Gold Reserves at Pani Mine

Along with starting production, Merdeka Gold reports a rise in gold ore reserves. As of December 31, 2025, the estimate shows 203.1 million tons of ore. The ore works at an average grade of 0.79 grams per ton of gold, which equals roughly 5.2 million ounces of gold. The boost builds the company’s gold asset base for current and future mining work.

Implications for the Gold Market and Gold Investing

• The sale and higher reserves show work in the gold mining sector. They add new Indonesian bullion into the market.
• The pact between Merdeka Gold and Antam boosts local gold trade and may affect near-term gold prices.
• As output climbs, these moves add physical gold supply. In turn, factors such as inflation, currency shifts, and safe-haven demand may steer gold prices.

Summary

Recent news shows Merdeka Gold’s milestone sale of over 16 kilograms of bullion from the Pani mine to state miner Antam. The event marks the start of commercial production. The company also reports a rise in gold ore reserves that hold over 5 million ounces. These moves add to the supply side in the gold market. They, along with price factors in the wider economy, join to shape gold investing trends.

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This article was generated by Hivebox AI in collaboration with nGRND.
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