# Merdeka Gold Reports 758% Production Surge at Pani Mine

**Published:** 2026-08-26T07:44:43.115Z  
**Topic:** Gold  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/6328b2ad-f0af-4a92-86be-c83d63874772

Merdeka Gold Resources reported a 758% quarterly gold production jump to 15,594 ounces as the Pani Mine expansion project hits key development milestones.

PT Merdeka Gold Resources Tbk reported a 758% surge in quarterly gold production to 15,594 ounces for the second quarter of 2026, up from 1,818 ounces in the first quarter [2]. The production increase marks a critical milestone for the company as it scales operations at its Pani Gold Mine in Gorontalo, Indonesia, to become a large-scale, long-life gold producer [2].

| At a glance | |
|---|---|
| Q2 2026 Gold Output | 15,594 ounces |
| Production Growth | 757.8% vs. Q1 2026 |
| CIL Phase 1 Capacity | 12 Mtpa |
| Target CIL Concrete | Early Q4 2026 |

## Scaling Heap Leach and CIL Operations
The production jump is driven by the ongoing ramp-up of the mine’s Heap Leach (HL) operations [2]. To support this growth, the company has completed construction of the first two HL cells and is currently raising embankments to increase capacity through the remainder of 2026 [2]. Construction has also commenced on a third cell, with the total facility expected to hold approximately 62 million tonnes of ore upon completion [2].

Parallel to the HL ramp-up, the company is advancing its larger Carbon-in-Leach (CIL) project, which is designed to process 12 million tonnes per annum (Mtpa) in its initial phase [2]. The plant layout includes provisions for a future expansion to 24 Mtpa, which the company claims would position the Pani site as one of the largest gold mines in the Asia-Pacific region [2]. Site preparation for the CIL facility is currently underway, with the company targeting the pouring of first concrete in early Q4 2026 [2].

## Infrastructure and Development Timeline
The expansion effort relies on significant supporting infrastructure, including a tailings storage facility where embankment work is scheduled to progress into early 2027 [2]. Merdeka Gold is also coordinating with Indonesia’s state-owned electric utility, PT Perusahaan Listrik Negara, to develop the power infrastructure required to support the increased processing capacity [2]. 

The company maintains that all major workstreams for the 12 Mtpa CIL project remain on schedule [2]. As engineering and procurement activities continue, the focus remains on the staged expansion of the HL facility to bridge production until the CIL plant becomes operational [2].

## What to watch
*   **Q4 2026 Milestone:** Monitor for the scheduled pouring of first concrete at the CIL facility, which serves as the primary indicator for the project's construction timeline [2].
*   **2027 Infrastructure Targets:** Watch for updates on the tailings storage facility embankment progress, which is slated for early 2027 [2].
*   **Capacity Expansion:** Track the completion of the third HL cell and the ongoing embankment raises for cells 1 and 2, which are essential for sustaining the current production ramp-up [2].

The company’s ability to maintain this growth trajectory depends on the successful integration of the CIL facility with existing HL operations. Whether the project can meet its long-term capacity goals will depend on the timely delivery of power and tailings infrastructure throughout the coming year.

## Sources
1. Gurufocus — [Merdeka Gold Keeps Pani Gold Mine Expansion on Track as Heap ...](https://www.gurufocus.com/news/9052574/merdeka-gold-keeps-pani-gold-mine-expansion-on-track-as-heap-leach-ramps-up-and-12-mtpa-carboninleach-project-advances)
2. FinanzNachrichten.de — [MERDEKA GOLD RESOURCES TBK](https://www.finanznachrichten.de/nachrichten-2026-08/69406637-pt-merdeka-gold-resources-tbk-merdeka-gold-keeps-pani-gold-mine-expansion-on-track-as-heap-leach-ramps-up-and-12-mtpa-carbon-in-leach-project-advance-011.htm)

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Cite as: TrendWatcher, "Merdeka Gold Reports 758% Production Surge at Pani Mine", https://www.trendwatcher.in/article/6328b2ad-f0af-4a92-86be-c83d63874772