ACG Metals Limited has entered a binding agreement to acquire the Keşkek gold project in Türkiye for an initial US$4 million, with a total potential consideration of US$7.85 million. The project is expected to provide oxide ore to extend the life of ACG's Gediktepe heap leach facility, with production targeted to commence in mid-2027.
SSR Mining announced the results of a Technical Report Summary (TRS) for its Hod Maden project in Türkiye, revealing a robust after-tax NPV5% of $1.66 billion and an IRR of 39% at consensus metal prices. The study highlights significant de-risking efforts, including detailed engineering and contract tendering, with remaining development capital estimated at $910 million. The project is expected to produce 1.6 million ounces of gold and 209 million pounds of copper over a 14-year mine life, with low AISC of $590/oz and high metallurgical recoveries.
