{"id":29266,"date":"2026-03-05T11:26:15","date_gmt":"2026-03-05T04:26:15","guid":{"rendered":"https:\/\/merdekacoppergold.com\/?p=29266"},"modified":"2026-03-05T11:29:38","modified_gmt":"2026-03-05T04:29:38","slug":"mdka-and-emas-sign-gold-sales-and-purchase-agreement-with-antam","status":"publish","type":"post","link":"https:\/\/merdekacoppergold.com\/en\/mdka-and-emas-sign-gold-sales-and-purchase-agreement-with-antam\/","title":{"rendered":"MDKA and EMAS Sign Gold Sales and Purchase Agreement with ANTAM"},"content":{"rendered":"<p><strong>PT Merdeka Copper Gold Tbk<\/strong> (IDX: MDKA), through its subsidiary <span style=\"color: #993300;\"><a style=\"color: #993300;\" href=\"https:\/\/bumisuksesindo.com\/en\/\">PT Bumi Suksesindo<\/a><\/span> (BSI), and<span style=\"color: #993300;\"> <a style=\"color: #993300;\" href=\"https:\/\/merdekagoldresources.com\/\">PT Merdeka Gold Resources Tbk<\/a><\/span> (IDX: EMAS), through PT Puncak Emas Tani Sejahtera (PETS), have signed a Gold Sales and Purchase Agreement (GSPA) with PT Aneka Tambang (Persero) Tbk (ANTAM). The agreement was signed on 4 March 2026 at The Darmawangsa Hotel in South Jakarta.<\/p>\n<p>The agreement is valid for two years with a total transaction volume of 3 metric tons (nearly 100,000 ounces of gold per year), with an option to increase by up to 3 additional metric tons per year. Under this partnership, BSI and PETS act as the sellers, while ANTAM serves as the buyer of domestically refined gold granules.<\/p>\n<p>The gold production covered under this agreement comes from two of Merdeka Group\u2019s key operations: the <span style=\"color: #993300;\"><a style=\"color: #993300;\" href=\"https:\/\/merdekacoppergold.com\/en\/our-business\/tujuh-bukit-gold-mine\/\">Tujuh Bukit Gold Mine<\/a> <\/span>in Banyuwangi, East Java, operated since 2017 by BSI, and the Pani Gold Mine in Pohuwato, Gorontalo, operated in part by PETS.<\/p>\n<p><span style=\"color: #993300;\"><a style=\"color: #993300;\" href=\"https:\/\/merdekagoldresources.com\/en\/about-us\/\">The Pani Gold Mine<\/a> <\/span>is the Group\u2019s newest operation. The mine commenced first mining in October 2025 and successfully achieved its first gold pour on 14 February 2026 through the heap leach process. On 27 February 2026, the mine also delivered 44.04 kilograms of dore bullion to ANTAM for its first refining process. The first sale of refined gold under the GSPA is targeted to take place before the end of March 2026.<\/p>\n<p>President Director of PT Merdeka Copper Gold Tbk, Albert Saputro, stated that the partnership represents a strategic step to ensure domestic absorption of the Group\u2019s gold production while strengthening the integration of Indonesia\u2019s gold industry supply chain. \u201cWith a growing production base from the Tujuh Bukit and Pani gold mines, we need a stable and measurable offtake structure. This GSPA provides certainty for production offtake while reinforcing our contribution to the domestic gold industry,\u201d said Albert.<\/p>\n<p>ANTAM Commercial Director Handi Sutanto added that the partnership reflects stronger national gold sovereignty, where Indonesia\u2019s mined resources are refined into pure gold products accessible to the public. ANTAM\u2019s gold bar products are accredited by the London Bullion Market Association (LBMA). Through this collaboration, the integration of Indonesia\u2019s gold supply chain is expected to become even stronger.<\/p>\n<p>Going forward, with an increasingly solid production base from the Tujuh Bukit and Pani gold mines and the support of strategic partnerships, Merdeka Group remains optimistic about further increasing its contribution to Indonesia\u2019s gold industry.<\/p>\n<hr \/>\n<p><span style=\"font-size: 13px; color: #808080;\">Main photo: Representatives of MDKA, EMAS, and ANTAM during the agreement signing on 4 March 2026.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PT Merdeka Copper Gold Tbk (IDX: MDKA), through its subsidiary PT Bumi Suksesindo (BSI), and PT Merdeka Gold Resources Tbk (IDX: EMAS), through PT Puncak Emas Tani Sejahtera (PETS), have signed a Gold Sales and Purchase Agreement (GSPA) with PT Aneka Tambang (Persero) Tbk (ANTAM). The agreement was signed on 4 March 2026 at The [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":29264,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[167],"tags":[307,318,500,504,586,616],"class_list":["post-29266","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-sustainability","tag-about-merdeka","tag-investors-en","tag-tujuh-bukit-gold-mine","tag-our-business-en","tag-pani-gold-mine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MDKA and EMAS Sign Gold Sales and Purchase Agreement with ANTAM &#8211; PT Merdeka Copper Gold Tbk<\/title>\n<meta name=\"description\" content=\"MDKA and EMAS sign a gold sales agreement with ANTAM to supply 3 tons of gold per year from two Merdeka Group mines.\" \/>\n<meta name=\"robots\" content=\"index, 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