Gediktepe at a Glance

ACG Metals ("ACG") owns 100%
of the Gediktepe copper-gold mine

Türkiye
Other Mining Operations
Key Metrics
Sulphide Expansion
Gediktepe
Primary Commodity
Copper
By-Products
Zinc, Gold, Silver
Status
Producing
Life of Mine
Initial 11 years
Life of Mine Avg. Production
~20-25k tonnes per annum Copper Equivalent
Life of Mine Avg. All-In-Sustaining Cost
US$1.99/lb Copper Equivalent

(1) Life of Mine includes both oxide and sulphide, avg. production based on sulphide project only.
Source: Gediktepe Competent Person’s Report.

Operations Update
2024
2023
2024
Poduction (AuEq koz)
37koz
55koz
Au Price
$1,955/oz
$2,387/oz
AISC
$1,164/oz
$1,139/oz

Highlights

In-country Partners

ACG Metals’ leadership and strategy:
ACG Metals has formed in-country partnerships which build upon our company’s experienced executive leadership and combine operating expertise and shared strategic goals for the expansion of the Gediktepe Mine.  ACG Metals’ operations in Türkiye are expected to benefit from the company’s long-term partnership with the highly-experienced Çalık Holding and its mining and construction divisions.

Tier 1 Mining Jurisdiction

Where our metals are produced:
The Gediktepe Mine is located in Türkiye, an established, mining-friendly jurisdiction in close proximity to Europe with a stable legal framework that can support a reliable and ethically sourced supply chain.

Operating Mine with Expansion Underway

Long-life, producing asset:
The Gediktepe Mine is an existing producing asset with significant growth prospects.  The mine’s key commodities have attractive market fundamentals and a supportive price outlook.  Significant organic upside potential has been identified to extend operations and production capacity of the Gediktepe Mine. 

ESG Mandate

How our metals are produced:
Operation of the Gediktepe Mine is overseen by a highly experienced local management team, who are ESG-driven, with a strong health and safety track record and focus on operational stability.

Operational Excellence

Our Mining practices:
The Gediktepe Mine benefits from best-in-class health, safety and ESG standards and efforts to build strong support from local communities, all contributing to a demonstrated track record of operational excellence.

  • Copper project levered to energy transition
  • On the path to become a significant producer of copper, zinc, gold, and silver
  • First quartile cost profile based on current Au production
  • First quartile cost profile based on future Cu production
  • Strong operating partner in excellent mining jurisdiction
  • Established infrastructure and route to market
  • Strategic and experienced leadership team
  • High-performing in-country operating team
  • Attractive acquisition valuation of 0.22x P/NAV and 1.9x EV / 2026E EBITDA based on consensus prices
  • Significant organic upside potential identified
  • Further development opportunities in Türkiye
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