ACG Metals: Fully funded, on budget and weeks away from copper production

About this episode

ACG Metals discusses its strong start to the year and upcoming copper production.

ACG Metals Ltd (LSE:ACG, OTC:ACGAF) chairman and CEO Artem Volynets tells Proactive's Stephen Gunnion that Q1 was a strong start to the year, with 12,000 ounces of gold equivalent produced — already ahead of the first-half target — and C1 costs falling below $400 per ounce. "We are well capitalised, fully funded, generating cash and gearing up for the first production from the sulfide project in the middle of this year, on budget and on schedule," Volynets said. Vice President of Projects Graeme Rapley adds that construction at Gediktepe is in its final stages, with mills, flotation cells and filtration systems now installed and commissioning imminent. The ramp-up to 70% capacity is targeted shortly after first production. ACG also published its inaugural ESG report, highlighting that more than 85% of its workforce is drawn from surrounding communities. For more videos like this, visit Proactive’s YouTube channel, give this video a like, subscribe to the channel, and enable notifications so you never miss an update. #ACGMetals #ArtemVolynets #GraemeRapley #GoldMining #Copper #MiningStocks #Gediktepe #SulfideProject #ESG #MiningUpdate #ProductionGrowth #CostReduction…

People in this episode

Host: Stephen Gunnion

Guests: Artem Volynets, Graeme Rapley

Topics covered

• copper production
• gold equivalent
• mining
• sustainability
• cost reduction
• investment

Keywords

• ACG Metals
• copper production
• gold equivalent
• mining stocks
• ESG report
• cost reduction
• sulfide project

Mentioned in this episode

Organizations: ACG Metals Ltd, Proactive, Gediktepe, ESG

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