Agincourt Tax Payments Hit Rp 1.1 Trillion as Economic Contribution Rises

JAKARTA, Investortrust.id — PT Agincourt Resources reports higher economic contributions on Tuesday, Feb 3, 2026 in Jakarta after paying Rp 1.1 trillion, equal to $71 million, in taxes through November 2025, reflecting stronger operations and a steadier commodity market that supported regional spending and community programs.

The gold miner said the tax payment was part of broader state revenue contributions that also included Rp 1.5 trillion in non tax state revenue, Rp 183 billion in dividends to region owned enterprises, and Rp 45 billion for community development programs, all recorded through November 2025.

“All of these payments were made through November 2025,” the company said in its corporate materials, underscoring its compliance with fiscal obligations during a period of improved operational performance.

Taken together, the company’s total contribution to the state reached about Rp 2.8 trillion over the period, according to its internal data.

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Management said on Tuesday that the rising contribution aligned with operational improvements and commodity market stability that allowed the company to meet fiscal duties while expanding its regional economic impact.

On domestic procurement, Agincourt recorded a local content level of 22 percent from January to December 2024, involving 56 micro, small, and medium enterprises and local contractors across manufacturing, agriculture, and mining support services.

Spending with state owned enterprises reached Rp 468 billion in 2024, up from Rp 334 billion in 2023 and Rp 348 billion in 2021, indicating a consistent expansion of partnerships with domestic entities.

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Local purchases also rose sharply, reaching Rp 146 billion in 2024 from Rp 135 billion in 2023 and nearly tripling from Rp 58 billion in 2020 as the supplier base widened.

Community empowerment programs covered productive sectors such as batik, snack foods, and organic rice, alongside agricultural and fisheries support through watermelon farming assistance, integrated agriculture, and fish ponds.

Since July 2025, the company has also allocated Rp 5.97 billion to education support for 569 local students through its Martabe Achievement Scholarship Program, helping recipients enter leading universities across Indonesia.

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About 95 percent of Agincourt Resources is owned by PT Danusa Tambang Nusantara, an affiliate of United Tractors Tbk, which is part of the Astra International Tbk group.

The Martabe gold mine in South Tapanuli operates under a 30 year sixth generation contract of work, with construction starting in 2008 and production beginning in 2012, covering an operational area of 509 hectares as of January 2022.