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Merdeka Copper Gold Tbk PT MDKA.JK · IDR

Materials · IDX · 🇮🇩 Indonesia

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2,000

-0.99%

Close of 9 Nov 2026, in IDR

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About Merdeka Copper Gold Tbk PT

Its shares trade on IDX under the ticker MDKA.JK. It has been listed since 19 June 2015. In the fiscal year to 31 December 2025, it reported revenue of $1.89bn and a net loss of $62.1m. At that date it held total assets of $5.71bn and shareholders' equity of $791.5m.

PT Merdeka Copper Gold Tbk operates as a holding company, which engages in the mining, exploration, and production of gold, silver, copper, and other related minerals. The company is headquartered in Jakarta Selatan, Dki Jakarta. The company went IPO on 2015-06-19. The Company, through its subsidiaries, is engaged in mining business activities, encompassing the exploration and production of gold, silver, copper and other related minerals, and mining services. The Tujuh Bukit Copper Gold deposit is the undeveloped porphyry copper and gold mineral resources, containing approximately 28 million ounces of gold and 19 billion pounds of copper. The operating Tujuh Bukit Mine is based on a near surface oxide gold silver deposit. The firm's major assets are the Tujuh Bukit Gold Project, the Wetar Copper Mine, the undeveloped Pani Gold Project, and the undeveloped Tujuh Bukit Copper Gold deposit. The subsidiaries are PT Bumi Suksesindo (BSI); PT Damai Suksesindo (DSI); PT Batutua Tembaga Raya (BTR); PT Batutua Kharisma Permai (BKP); PT Merdeka Mining Servis (MMS); PT Pani Bersama Tambang (PBT); and PT Puncak Emas Tani Sejahtera (PETS).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Metals & Mining
Listed since
19 Jun 2015
Employees
6,012

Leadership

Pay as last reported

  • Mr. Edwin SoeryadjayaPresident Commissioner
  • Mr. Albert SaputroPresident Director
  • Mr. Jason GreiveVice President Director
  • Mr. Gavin CaudleDirector
  • Mr. David FowlerDirector
  • Mr. Hardi Wijaya LiongDirector
  • Ms. Titien SupenoDirector
  • Mr. Chrisanthus SupriyoDirector
  • Mr. Adi SjoekriCorporate Secretary
  • Mr. Yoke CandraCommissioner
  • Mr. Tang HonghuiCommissioner
  • Mr. Budi BowoleksonoIndependent Commissioner

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
79
Environment
90
Social
84
Governance
62
Direct emissions (scope 1)
2,344,942 t
Energy emissions (scope 2)
3,073,884 t
Women in the workforce
12%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong market position: Merdeka Copper Gold Tbk PT holds a prominent position in the copper and gold mining industry, providing a solid foundation for growth and profitability.
  • Established infrastructure: The company has well-developed infrastructure, including mining facilities and processing plants, which enable efficient operations and cost management.
  • Experienced management team: Merdeka Copper Gold Tbk PT boasts a team of seasoned professionals with extensive knowledge and expertise in the mining sector, ensuring effective strategic decision-making and risk management.

Weaknesses

  • Dependency on commodity prices: The company's financial performance and profitability are heavily influenced by fluctuations in copper and gold prices, making it vulnerable to market volatility.
  • Limited diversification: Merdeka Copper Gold Tbk PT primarily focuses on copper and gold mining, which exposes the company to a single market and commodity risk.
  • Environmental concerns: The mining industry often faces scrutiny and regulatory challenges related to environmental sustainability. Merdeka Copper Gold Tbk PT must address and mitigate any adverse environmental impacts to maintain its reputation and social license to operate.

Opportunities

  • Growing global demand: The increasing demand for copper and gold, driven by infrastructure development and technological advancements, presents opportunities for Merdeka Copper Gold Tbk PT to expand its customer base and revenue streams.
  • Exploration and acquisitions: The company can explore new mining sites and consider strategic acquisitions to enhance its resource base and diversify into other metals or minerals, reducing reliance on copper and gold.
  • Renewable energy integration: Given the rising focus on sustainable practices, Merdeka Copper Gold Tbk PT can explore renewable energy sources for its operations, reducing its carbon footprint and improving its reputation.

Threats

  • Intense competition: The mining industry is highly competitive, both domestically and internationally. Merdeka Copper Gold Tbk PT faces the risk of new entrants, price wars, and market share erosion.
  • Regulatory and permitting challenges: Changing regulations and governmental policies can impact mining operations and timelines, leading to potential delays and increased compliance costs.
  • Economic downturns: Global economic downturns or recessionary periods can weaken demand for commodities, adversely affecting the financial performance of Merdeka Copper Gold Tbk PT.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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