Merdeka Gold Resources – Announced 1Q 2026 Financial Performance

PT Merdeka Gold Resources Tbk announced its 1Q 2026 results, with recorded revenue of US$2.6 million following its inaugural gold sale from Pani Gold Mine in March. EBITDA was negative US$1 million, while net loss after minority interests was US$10.9 million, primarily reflecting the expected financial profile of a newly commissioned operation, including a partial-quarter sales contribution and finance costs associated with the Company’s revolving credit facility. With production and sales volumes expected to increase steadily as the ramp-up progresses, EMAS anticipates a corresponding improvement in financial performance over the coming quarters.

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