Proactive interview with Patrick Henze, Chief Financial Officer, discussing the benefits of ACG’s hedging agreement

At ACG Metals, our mission is to become a significant player in the global copper market. As part of this strategy, we recently announced a hedging agreement designed to optimize cash flow during our transition from gold and silver production to full-scale copper production by 2026.

Our Chief Financial Officer, Patrick Henze, had a brief yet informative interview with Proactive’s Stephen Gunnion where he discussed our newly implemented hedging strategy and how it plays a vital role in securing our cash flows while capitalizing on favorable market conditions.

Key Highlights from the Interview

  • Strategic Gold Hedging: We have hedged 50% of our gold production at $2,875 per ounce—15% above our budgeted price and 24% higher than consensus forecasts, ensuring a strong financial position.
  • Maintaining Upside Potential: While 50% of our gold production is secured through hedging, the remaining 50% remains unhedged, allowing us to benefit from rising market prices. Additionally, our silver production remains fully unhedged.
  • Financial Security & Growth: The hedging strategy provides more certainty for our financials in 2025, protecting bond coupon payments, stabilizing cash flows, and creating a buffer to support future expansion.
  • Path to Becoming a Leading Copper Producer: With our first acquisition, the Gediktepe mine in Turkey, ACG Metals is leveraging a highly cash-generative asset to establish itself as a major player in the copper industry. The fully funded transition into copper production by 2026 remains on budget and on schedule.

Why This Matters

Market conditions are ever-changing, and as we move forward with our growth strategy, risk management remains a top priority. This hedging program allows us to navigate market volatility while ensuring financial stability for our investors, bondholders, and stakeholders.

Watch the full interview to hear firsthand insights from Patrick about how this strategic approach benefits ACG Metals and supports our long-term vision.

To top