The Zhitong Finance App learned that MERDEKAGOLD-DRS (06228) rose by nearly 9%. As of press release, it had risen 6.67% to HK$32, with a turnover of HK$29.984,800.

According to public information, Merdeka Gold is a gold miner listed on the Indonesia Stock Exchange and one of the top pure gold producers in Asia. The core asset Pani Gold Mine is Indonesia's largest native gold mine, and production is expected to rank among the top two primary gold mines in Asia in 2030. The company is a subsidiary of Indonesian Mining Group MCG Holdings. MCG holds approximately 63.33% of the shares. The Pani Gold Mine achieved its first gold production in February 2026.

According to reports, Pani Gold Mine completed its first gold casting in February 2026 and achieved its first sale in March. The first quarter produced 1,818 ounces of gold, sold 516 ounces, and achieved revenue of 2.6 million US dollars, marking Pani's official transition from a large-scale resource project to the commercial production stage. According to the company's plan, Pani's annual gold production is expected to peak at around 545,000 ounces around 2031.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.