BRMS Gold Production to Surge in 2026

Positive Outlook Amid Rising Gold Prices

PT Bumi Resources Minerals Tbk (BRMS) is set to continue its positive performance trajectory into 2026, driven by the ongoing surge in global gold prices. The mining company has announced plans to increase its gold production capacity significantly in the coming year.

Production Targets and Recent Performance

BRMS is targeting gold production of approximately 80,000 troy ounces in 2026, representing a substantial increase from the 68,000 to 72,000 troy ounces projected for 2025. This growth is built on the company's strong year-to-date performance, with Q3 2025 production reaching 56,552 troy ounces, marking a 25% year-on-year increase.

Capacity Expansion Driving Growth

The production boost is primarily attributed to the expansion of BRMS's first gold processing plant. The facility, which has been operational since 2020 using the carbon in leach (CIL) method, is set to increase its capacity from 500 tons of ore per day to 2,000 tons per day starting in Q4 2026. This significant capacity expansion underpins the company's confidence in achieving its ambitious production targets.

Market Implications

The rising global gold prices have created a favorable environment for gold producers like BRMS. The company's ability to increase production while gold prices remain high positions it well for potential revenue growth and improved financial performance in 2026.