Mining News in TüRkiye

ACG METALS LIMITED
ACG METALS LIMITED
ACG
Türkiye

ACG METALS LIMITED ACG Delivers Material Uplift in Gediktepe NPV to US$1.2bn ACG Metals Limited

ACG Metals Limited announced a material uplift in the Gediktepe project's post-tax NPV to US$1.2 billion, a significant increase from the US$265 million reported in the 2024 CPR. This improvement is attributed to updated Mineral Resource and Ore Reserve estimates, which show a 43% increase in total Ore Reserves tonnage and substantial growth in contained copper, gold, and silver. The company also reported improved heap-leach gold recovery and the integration of an enriched ore treatment project, transforming Gediktepe into a fully funded, copper-producing operation with three complementary processing streams.

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ACG Metals Limited
ACG Metals Limited
ACG
Türkiye

ACG to Acquire Keşkek Licence to Extend Gold Production

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.

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SSR Mining
SSR Mining
SSRM
Türkiye

SSR Mining Announces Results of the Hod Maden Technical Report Summary With $1.66B NPV5% and 39% IRR

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.

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