In its latest financial report, MDKA recorded quite eye-catching results at the end of 2024. Despite showing a significant decline in gold sales volume, the company managed to increase copper production volume. Check out more details about the 4Q24 performance below.

🔆 Gold Sales and Production Volume

In the fourth quarter of 2024, MDKA reported gold production volume reached 35,824 ounces, with a significant increase of 17.3% QoQ and 21.4% YoY. Even so, gold sales volume was recorded at only 29,056 ounces, down 6.8% YoY despite a 4.6% QoQ increase.

📈 Glossy Copper Production Performance

On the other hand, the production volume of MDKA copper has fluctuated slightly. In 4Q24, production reached 3,419 tons, down 10.3% QoQ, but up 0.6% YoY. Meanwhile, copper sales volume reached 3,101 tons, which also decreased by 37.6% QoQ but showed a positive growth of 40.6% YoY.

📆 Performance During 2024

During 2024, MDKA’s output showed a gold production volume of 115,867 ounces, a decrease of 16.4% YoY. Meanwhile, copper production reached 13,902 tons, an increase of 9.4% YoY. These two production metrics are perfectly in line with the guidance of the company’s management.

📊 Hope for the Future: Guidance 2025

Not only is MDKA satisfied with these results, but they also announced optimistic projections for 2025. The company targets a gold production volume of around 100,000–110,000 ounces and for copper around 11,000–13,000 tons. This shows the company’s desire to continue to adapt and grow, despite facing various challenges in the market.

With all this information, it is clear that although MDKA is facing some declines in gold sales volume, they remain on the right track in managing and growing their production. This is an exciting time to observe the steps MDKA will take in the future!

For more complete information, you can also refer to the company’s official report.