MineralSource-checked brief · ACG Metals
ACG signs Keşkek gold-licence agreement
The proposed acquisition would supply oxide feed to Gediktepe. Permits and a future production start remain part of the plan.
Source-checked summary: AI-assisted synthesis of the primary documents linked below. It is not independent field reporting.
What changed
ACG announced a binding agreement to acquire the Keşkek licence from META. It plans to process the gold-bearing oxide material at its existing Gediktepe heap-leach facility, about 70 km away. ACG Metals Limited · Sep 7, 2026
What comes next
Licence-transfer approval was expected in October 2026. Mining and gold production were targeted for mid-2027, subject to permitting. These are expectations in the September 7 announcement. ACG Metals Limited · Sep 7, 2026
Announced consideration and additional payments
| Amount / rate | Stated basis |
|---|---|
| US$4.0m | After agreement execution and licence-transfer approval |
| US$3.85m | Deferred; detailed terms link it to environmental permitting |
| 1% | Gross revenue royalty on gold from the licence |
| US$60/oz | Additional gold discovered and converted to reserves outside the defined pit |
The royalty and additional-ounce payment are separate from the two cash instalments. ACG Metals Limited · Sep 7, 2026
Limits
- The announcement does not establish a completed licence transfer or current Keşkek production.
- Its highlights link the deferred payment to production; its detailed terms link it to environmental permitting. The underlying agreement was not reviewed.
Primary documents
- ACG Metals Limited: September 7 Keşkek announcement, acquisition termsPublished Sep 7, 2026 · checked Sep 10, 7:21 p.m. EDT