Indonesia’s Merdeka targets 2023 gold output of up to 140,000 oz

Indonesian copper and gold miner, Merdeka Copper Gold said in a public presentation on Tuesday:

• Gold output in the first quarter at 25,830 ounces, 2023 production estimated between 120,000 and 140,000 ounces;
• Copper output in the first quarter at 4,053 tonnes, full-year production estimated between 16,000 and 20,000 tonnes;
• Nickel pig iron (NPI) output in the first quarter at 9,400 tonnes, full year output estimated between 36,000 and 40,000 tonnes.

(By Bernadette Christina)