Skip navigation links
Press Releases
News from Turkey
Upcoming Tenders
Newsletter Subscription
This page is print preview page.
Click here to return to the page.
Print page
Turkey aims to be among top 15 gold producers by 2016 

Today’s Zaman - The Turkish gold industry is looking to place itself among the top 15 countries in terms of gold production within the next three years. Muhterem Kose, general coordinator of the Gold Miners' Association, which is based in Ankara, said, “If things go well, we hope to earn a place on the top-15 list of gold-producing countries in the world by 2016.”

Although gold mining got off to a late start in Turkey -- as late as 2001 -- the country is already the largest producer of gold in Europe and among the top 30 producers globally, with an output of nearly 30 tons a year.

Gold production in Turkey has significantly increased in recent years. In 2006, only eight tons of gold were produced; by 2009, that figure had grown to 14.9 tons and last year, production reached 29.5 tons. Gold produced in the country between 2001 and 2012 exceeded 136 tons. However, according to Kose, these production figures are still rather small compared to the potential in Turkey for gold mining. “Turkey is exploiting no more than 15 percent of its gold reserves at the moment.”

Based on geological modeling predictions, Turkey is estimated to hold 6,500 tons of recoverable gold. The country’s known gold deposits are situated in the Aegean, eastern Black Sea, Central and Eastern Anatolia regions, with production being carried out in mines in Izmir/Bergama-Ovacik, Balikesir/Havran, Gumushane/Mastra, Manisa/Salihli-Sart, Erzincan/Ilic Copler, Eskisehir/Kaymaz, Nigde/Tepekoy and Usak/Esme-Kisladag.

21.10.2016 Turkey on healthy footing with financing of city hospital project
19.10.2016 Turkish automotive sector poised to set new record
18.10.2016 World Investment Conference held in Istanbul
17.10.2016 Turkey signs Turkish Stream deal, establishes joint investment fund with Russia
12.10.2016 23rd World Energy Congress takes place in Istanbul
11.10.2016 Japan’s IHI to make greenfield investment in Turkey
07.10.2016 Prime Minister Yıldırım announces new three-year medium-term program
30.09.2016 New energy investments and projects in pipeline
29.09.2016 Turkey to continue with economic reforms; more structural changes underway
22.09.2016 President Erdogan meets with top US executives and investors
1 2 3 4 5 6 7 8 9 10