22 October 2024
ACG METALS LIMITED
("ACG" or the
"Company")
Appointment of Senior
Sulphide Expansion Management Team at the Gediktepe
Mine
ACG Metals Limited is pleased to
announce the appointment of Graeme Rapley, Victor Ayala and Yusuf
Karaman as the Senior Project Management team for the Sulphide
Brownfield Expansion Project at the Gediktepe Mine to further
enhance operations.
Graeme Rapley joins ACG as the
Gediktepe Technical Project Director and will lead the construction
of the Sulphide Brownfield Expansion Project. He will be supported
by Yusuf Karaman, who has joined the team as Project Manager.
Victor Ayala joins ACG as the Gediktepe Financial Director and will
lead on all financial matters on site.
Together with GAP Construction, the
EPC Contractor which has vast experience in constructing processing
facilities and flotation plants, and Lidya's in-country project
management support, ACG now has a first-class team on site with an
established track record of working on complex projects and
extensive experience of working in Türkiye.
Graeme, Victor and Yusuf will bring
their collective mining experience to support General Manager
Berkant Özdemir and the existing on site team with ACG initiatives
as well as offering guidance on opportunities to drive forward
operational success at Gediktepe.
With over 20 years of experience in
the sector, Mr Rapley is an accomplished Copper, Gold, Zinc,
Nickel, and Coal mining professional. He has a proven track record
in overseeing large-scale projects and enhancing financial
efficiency. Most recently, he served as Project Director at Tara
Resources in Montenegro and previously he held the role of
Operations Director at Centerra Gold Inc.'s Oksut Mine in
Türkiye.
Victor Ayala is a finance expert
with over 18 years of experience in the mining industry across four
continents and multiple commodities. Most recently, Mr Ayala was a
Senior Finance Manager at Tara Resources where he helped progress
the Brskovo Mine project. He has also previously held roles at
Eurasian Resources Group, MMG Limited and Cerrejon.
Yusuf Karaman is a construction and
project manager with over 15 years of experience in mining. He
was most recently a construction manager for Aldridge Mineral
Mining's Yenipazar Polymetallic project and has previously held
senior roles at Centerra Gold and Inomek
Machinery.
The Gediktepe Mine is an operating
open pit mine currently producing gold and silver, which targets
annual steady-state copper equivalent production of 20-25 kt from
2026 following a fully permitted sulphide expansion
project.
Artem Volynets, Chairman and CEO of ACG,
said:
"We
are thrilled to welcome the new members to our already first-class
leadership team at Gediktepe. Their deep experience in the mining
sector and professional expertise will be invaluable as we look to
drive operations forward and enhance the mine's
potential."
-
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
Communications Advisor
Conal Walsh / James Gilheany/ Kelsey
Traynor/ Richard Seed
About the Company
ACG is a company with a vision to
consolidate the critical metals industry, starting with the copper
sector. Through a series of roll-up acquisitions, ACG intends to
become a premier supplier of copper and other critical metals to
the western OEM supply chain, 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: www.acgcorp.co