ACG Metals Reports Strong Q1 2025 Performance, Achieving 37% Reduction in C1 Costs and 13% Decrease in All-in Sustaining Costs Despite High Inflation Environment.

ACG Metals reported strong Q1 2025 results, with sales reaching 16,000oz, 50% of its full-year guidance. The company achieved significant cost reductions, with C1 costs down 37% and all-in sustaining costs down 13%. ACG Metals generated $76 million in EBITDA from the Gediktepe mine in 2024 and has since reduced costs despite a high-inflation environment. The company's CEO, Artem Volynets, highlighted the importance of the company's excellent team in achieving these results.

ACG Metals (ACGM) reported robust first-quarter (Q1) 2025 results, with sales reaching 16,000 ounces of gold, representing 50% of its full-year guidance. The company achieved substantial cost reductions, with cash costs (C1) down by 37% and all-in sustaining costs (AISC) down by 13%. Despite a challenging high-inflation environment, ACG Metals generated $76 million in EBITDA from the Gediktepe mine in 2024 and has since managed to reduce costs [1].

In a statement, CEO Artem Volynets highlighted the critical role of the company's exceptional team in achieving these results. "Our team's dedication and expertise have been instrumental in driving these impressive results," Volynets said. "We are proud of our progress and look forward to continuing to deliver value to our shareholders."

The company's strong performance in Q1 2025 is a testament to its effective cost management strategies and operational efficiency. The significant reduction in C1 and AISC costs underscores ACG Metals' commitment to enhancing profitability and maintaining a competitive edge in the mining industry.

Looking ahead, ACG Metals remains focused on executing its strategic plan, which includes further cost optimization and exploration efforts. The company's ability to generate substantial EBITDA despite challenging market conditions positions it well for future growth and profitability.

References:
[1] https://www.biospace.com/press-releases/corning-announces-strong-first-quarter-2025-financial-results1-and-reiterates-confidence-in-springboard-plan