T Merdeka Gold Resources Tbk-S Passes HKEX Listing Hearing, One of Asia’s Top Pure Gold Producers
NewTimeSpace News: PT Merdeka Gold Resources Tbk passed the Main Board listing hearing of the Hong Kong Stock Exchange on June 1, with UBS and CITIC Securities as joint sponsors. Listed on Indonesia’s stock exchange, the gold miner anchors its core asset at the Pani Gold Mine, Indonesia’s largest primary gold mine by resource and reserve volume, projected to rank among Asia’s top two primary gold mines by output by 2030.
NewTimeSpace News: As disclosed by HKEX, PT Merdeka Gold Resources Tbk cleared the Main Board listing hearing on June 1, 2026, with UBS Group and CITIC Securities appointed joint sponsors.
As one of Asia’s leading pure gold producers, MGR is listed on Indonesia Stock Exchange. Backed by the Pani Gold Mine, CRU data confirms the asset is Indonesia’s largest primary gold mine by resources and reserves, poised to become Asia’s top-two primary gold mine by production by 2030. The mine runs low-cost open-pit mining featuring among the world’s lowest average strip ratio and rapid production ramp-up capability.
MGR is a controlled subsidiary of MCG, an Indonesian mining conglomerate listed on Indonesia Stock Exchange since 2015 with a proven track record in developing and operating large-scale low-cost mines. Via MCG, MGR secures backing from PCI and SRTG, two of Indonesia’s most reputable investment groups.
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