PUBLICATION

Global Business Reports

AUTHORS

Matthias Lomas, Sarah Crompton Donnelly

Turkey Mining 2018

November 20, 2018

The Turkish mining industry has come a long way since the turn of the 21st century. In year 2000, Turkey produced very little gold but now the country is the largest gold producer in Europe. Sitting on a key part of the Tethyan Metallogenic Belt, Turkey is blessed with a diverse array of minerals, including lignite and boron fields, chrome, copper, nickel, magnesium, natural stones, industrial raw materials, rare earths and gold. Turkey’s mineral exports make up US$5 billion, half of which belongs to Turkey’s mighty natural stones industry.

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"We plan to double our copper production by the end of the decade. There remains significant upside potential in the gold industry, and the copper operations are strategic and additive to that."

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