ACG Metals boosts gold recovery at Gediktepe to 85% with cyanide cut

Key Facts
As mining companies focus on cost reduction amid gold price volatility, ACG Metals announced an increase in commercial gold recovery at its Gediktepe mine in Türkiye to about 85% from 75%, using a proprietary metallurgical process. The process reduced cyanide consumption by approximately 45% and shortened leach cycle times under commercial operating conditions, according to reports.
These operational improvements come at a time when global gold prices are hovering near historical highs, boosting the expected profitability of low-cost mines. Per market data, gold trades around $2,300 per ounce, making the reduction in cyanide — a key variable cost — a positive margin driver.
Investors will watch whether ACG Metals can replicate the process at other mines in its portfolio. Global gold prices and geopolitical risks in Türkiye remain key factors that could influence the stock's performance. No immediate trading data is available for the ACG ticker at this time.