MDKA - Tujuh Bukit Gold Mine is targetted to operate in 2027

MDKA - Tujuh Bukit Gold Mine is targetted to operate in 2027 Merdeka Copper Gold (MDKA) through its subsidiary - Bumi Suksesindo, prepares a copper mining project to be operated by 2027 in Tujuh Bukit gold mine in Banyuwangi - East Java. It is currently in feasibility study phase. Pre-feasibility study result showed that it potentially becomes world class underground mining with long mining life which possess production capacity by 24 mn tons p.a, capped 112k ton of copper and 366k T.Oz of gold concentrate p.a. It would add its reserves as well as mining life by 20-30 years ahead. MDKA has invested more than USD167 mn since 2018 including exploration of 1,890 metres, for an expansive Tujuh Bukit mine. (Source : Kontan)