REG - ACG Metals Ltd. - ACG appoints General Manager of the Gediktepe Mine

ACG MetalsAnnouncement

07/02/2025 12:30

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RNS Number : 3850W  ACG Metals Limited  07 February 2025

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 (mailto: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/
(https://acgmetals.com/)

 

 

 

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