ACG Metals on strong Q3 as Gediktepe copper sulfide expansion project remains on track

ACG Metals Ltd (LSE:ACG, OTC:ACGAF) Chairman and CEO Artem Volynets and VP of Projects Graeme Rapley talked with Proactive's Stephen about the company’s third quarter performance and progress at its Gediktepe copper sulfide expansion project. Volynets noted the company remains “fully funded to complete the project” with $137 million on the balance sheetand only about $70 million in capital expenditure remaining. He confirmed production and costs were tracking within guidance, stating, “We are very much on track to meet the full year guidance of 36,000 to 38,000oz of gold equivalent.” Volynets also emphasised ACG Metals’ cost efficiency, highlighting year-to-date costs of US$1,131/oz AuEq and a 30% decrease in C1 costs, now at US$432/oz AuEq. He added that safety performance remained strong with no lost-time incidents since production began. Rapley provided a detailed construction update, confirming that foundation and steelwork across key infrastructure – including crushers, mills, flotation, thickeners, and filter press – are progressing on time. He said, “We are progressing well within our budget,” and highlighted upcoming deliveries of SAG and ball mills by early 2026. Looking ahead, Volynets said the company expects to deliver a technical solution for processing enriched ore, which could provide significant production upside over the coming years. Visit Proactive's YouTube channel for more exclusive interviews. Don’t forget to like this video, subscribe to our channel, and enable notifications so you never miss an update. #ACGMetals #GoldMining #CopperExpansion #MiningUpdate #GediktepeProject #MiningInvesting #Q3Results #GoldProduction #SAGMill #EnrichedOre #ProjectMilestones