Merdeka Gold Resources (EMAS) Appoints Three New Director Candidates Following Management Restructuring

JAKARTA, KOMPAS.com - PT Merdeka Gold Resources Tbk (EMAS) has appointed three new director candidates. This step forms part of the company’s strategy for expansion and increased gold production. The appointments were made after three board members resigned on 18 March 2026. The three names are Nicholas John Green, Barend Johannes Nicolaas Knoetze, and Suryadinata Tanu. “This initiative is part of the company’s strategy to enhance global governance standards, transparency, and accountability, while strengthening the company’s position in an increasingly competitive capital market,” according to a management statement in an official release on Thursday (26/3/2026). “This appointment is not merely a structural change, but part of efforts to strengthen the company’s operational capabilities and governance in facing the next growth phase,” as quoted from the Indonesia Stock Exchange disclosure. The three proposed directors have experience in the mining and finance sectors. Nicholas joined in May 2022. He currently serves as General Manager at EMAS. His focus is on developing new projects and expanding operational facilities. This role is considered important for driving long-term production growth. Barend has served as General Manager of the Pani Gold Mine since November 2025. He manages the mine’s daily operations. His duties include planning, budgeting, and long-term strategy. He also has experience at Merdeka Copper Gold’s Wetar Copper Mine. This cross-commodity experience is seen as strengthening mine operation management. This experience is deemed important for maintaining financial stability. The company is now entering a production phase that demands more complex cost management and cash flow.