7 February 2025
ACG METALS LIMITED
("ACG" or the
"Company")
ACG appoints new General
Manager of the Gediktepe Mine
ACG Metals is pleased to announce
the promotion of Barış Baş as General Manager of the Gediktepe Mine
in Türkiye, effective immediately. Mr Bas brings 15 years of
experience in mining operations, project management, and technical
services across a diverse range of commodities, precious metals and
polymetallic mines. Having spent over eight years at Gediktepe -
most recently as a Mine Manager - he has overseen all phases of the
Gediktepe Oxide Project, from feasibility study to construction and
production. His appointment aligns with ACG's strategy to develop
internal talent and strengthen local leadership.
As General Manager, Mr Bas will
co-lead the execution of the Sulphide Expansion Project alongside
Gediktepe Technical Project Director Graeme Rapley, appointed in
October. This major development will shift Gediktepe's production
from gold and silver to copper and zinc concentrate, with gold and
silver as by-products. The expansion is expected to yield 20kt-25kt
of copper equivalent annually over an initial 11-year mine life,
with first production targeted for early 2026.
Artem Volynets, Chairman and CEO of ACG,
said:
"We are delighted to promote Barış to General Manger of the
Gediktepe Mine, fulfilling our strategy to develop our internal
talent pool. His expertise and long-standing contributions to the
mine position him well to lead the Gediktepe operating team as ACG
looks to become the leading copper mining company on the
LSE."
-
ENDS -
The person responsible for the
release of this information on behalf of the Company is Artem
Volynets, Chief Executive Officer.
For further information please
contact:
Palatine
acg@palatine-media.com
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey
Traynor/ Richard Seed
About the Company
ACG Metals is a company with a
vision to consolidate the copper industry through a series of
roll-up acquisitions, with best-in-class ESG and carbon footprint
characteristics.
In September 2024, ACG successfully
completed the acquisition of the Gediktepe Mine, an operating open
pit mine in Türkiye currently producing 34 koz of gold and 361 koz
of silver.
Gediktepe is expected to transition
to primary copper and zinc production from 2026 and will target
annual steady-state copper equivalent production of 20-25
kt.
ACG's team has extensive M&A
experience built through decades spent at blue-chip multinationals
in the sector. The team brings a significant network as well as a
commitment to ESG principles and strong corporate
governance.
For more information about ACG,
please visit: https://acgmetals.com/
