Merdeka Gold Resources begins operations at Pani Gold Mine in Indonesia
Yahoo Financeยท2025-10-01 16:38
Merdeka Gold Resources (MGR) has initiated mining operations at the Pani Gold Mine in the Gorontalo Province of Indonesia. The mining operations began with overburden stripping and the extraction of initial ore. This announcement follows MGR's recent listing on the Indonesia Stock Exchange. MGR raised Rp4.66tn ($276m) via an initial public offering (IPO) to support the mine development. The mine, managed by various MGR subsidiaries responsible for mining operations, processing facilities and supporting ...