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ACG Metals says it expects full production from Gediktepe in Q1 2027

ACG Metals expects full commercial sulphide production at Gediktepe in the first quarter of 2027, after expanding tailings storage and water management works, and has raised its gold-equivalent oxide output forecast. Heavy rainfall and more unconsolidated material than expected have increased excavation requirements to about 6 million cubic metres from 1.2 million. The sulphide plant has completed cold and hot commissioning, but the production ramp-up depends on tailings works targeted for year-end, subject to weather conditions. The 2026 oxide guidance was raised by 43% to 25,000 gold-equivalent ounces, with nine-month output of 22,717oz, although production fell 22% year-on-year during the transition to sulphide ore. Financial net debt stood at US$185 million at September 30, comprising a US$200 million Nordic bond less US$15 million of cash and doré.

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