According to the Turkish Gold Miners Association, Turkey had 800t or 1.5% of global gold reserves and 5,700t of predicted resources at the end of 2014. Significant gold deposits are found in the U?ak and Erzincan province.
Timetric's 'Precious Metals Mining in Turkey to 2020 - a Focus on the Gold Industry' report comprehensively covers Turkish gold reserves, reserves by deposits and by grade and ore type for selected mines, the historic and forecast data on gold production and historic and forecast production by selected gold mines.
The report also includes factors affecting demand for gold, profiles of major gold producing companies and information on the active, exploration and development gold projects.
The Fiscal Regime section provides information about the country's regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country.
It is an essential tool for companies active in Turkey mining and for new competitors considering entering the industry.
The report contains an overview of the Turkish gold mining industry, together with the key factors affecting the industry and demand for the commodity.
It also provides information about Turkish gold reserves, historic and forecast data on gold production and by selected gold producing mines, the competitive landscape and active, exploration and development gold projects.
Reasons To Buy
Gain an understanding of the gold mining industry in Turkey, gold reserves, historic and forecast data on gold production, forecast gold production by selected mines, demand drivers, active, exploration and development gold projects, the competitive landscape and the country's fiscal regime.
Kisladag - located in Western Anatolia, Usak, is one of the country's largest gold porphyry deposits formed under a coeval volcanic complex and consists of biotite, magnetite and quartz type ores. The deposit contained 229.6t of proven and probable gold reserves with a grade of 1.0g/t and 294.8t of measured and indicated gold resources as of December 2014.
Turkish gold mine production was 1.1 million ounces - down by 7.5% over 2013 due to a fall in production by 44,000 ounces at the Copler mine, one of the largest in Turkey, and a fall of 33,000 ounces at Koza Alt?n ?sletmeleri AS, the largest gold mine producer in the country.
The country's mining industry is governed by the Ministry of Energy and Mineral Resources. The Mining Law No. 3213 of 1985 was amended by Law No. 5995 of June 2004 to create a more investment-friendly environment for local and foreign investors.
1 Executive Summary
2 Gold Mining in Turkey - Reserves and Production
2.1 Total Reserves, Reserves by Deposits and Reserves by Grade and Ore Type for Selected Mines
2.2 Global Gold Reserves by Country
2.3 Historic and Forecast Production
2.3.1 Historic and forecast production by selected gold mines
2.4 Active Mines
2.5 Exploration Projects
2.6 Development Projects
2.7 Location of Gold Projects in Turkey
2.8 Demand Drivers
2.8.1 Domestic and global demand by end-use market
3 Major Gold Producers in Turkey
3.1 Koza Alt?n ??letmeleri A?
3.2 Eldorado Gold Corporation
3.3 Alacer Gold Corp.
4 Fiscal Regime
4.1 The Turkish Mining Industry - Governing Bodies
4.1.1 Ministry of Energy and Natural Resources (MENR)
4.1.2 General Directorate of Mining Affairs (MIGEM)
4.2 The Turkish Mining Industry - Governing Law
4.3 The Turkish Mining Industry - Ownership and License Types
4.3.1 Ownership of minerals
4.3.2 Mining license
4.3.3 Exploration license/certificate
4.3.4 Operation license
4.4 The Turkish Mining Industry - Rights and Obligations
4.5 The Turkish Mining Industry - Key Fiscal Terms
4.5.1 Duties and security deposit (guarantee fee)
4.5.2 Royalty rates
4.5.3 Corporate tax
4.5.4 Capital gains tax
4.5.5 Loss carry forward
4.5.6 Property tax
4.5.7 Withholding tax
4.5.8 Tax incentives
4.5.9 Stamp duty
4.5.10 Motor vehicle tax
4.5.12 Value added tax (VAT)
5.3 Secondary Research
5.4 Primary Research
5.5 Contact Timetric
5.6 About Timetric
5.7 Timetric's Services
Figure 1: Precious Metals Mining in Turkey - Global Gold Reserves by Country (%), 2014
Figure 2: Precious Metals Mining in Turkey - Historic and Forecast Gold Mine Production (Thousand Ounces) vs Global Gold Prices (US$/Ounce), 2000-2020
Figure 3: Precious Metals Mining in Turkey - Historic and Forecast Gold Mine Production by Selected Mines (Thousand Ounces), 2009-2020
Figure 4: Precious Metals Mining in Turkey - Location of Gold Projects/Deposits in Turkey
Figure 5: Precious Metals Mining in Turkey - Turkish Gold Demand by End Use Sectors (Thousand Ounces), 2009-2015*
Table 1: Precious Metals Mining in Turkey - Reserves and Grade by Selected Mines, 2015
Table 2: Precious Metals Mining in Turkey - Historic and Forecast Gold Mine Production (Thousand Ounces), 2000-2020
Table 3: Precious Metals Mining in Turkey - Historic and Forecast Gold Mine Production by Selected Mines (Thousand Ounces), 2009-2020
Table 4: Gold Mining in Turkey - Active Mines, 2015
Table 5: Gold Mining in Turkey - Exploration Projects, 2015
Table 6: Gold Mining in Turkey - Major Development Projects, 2015
Table 7: Precious Metals Mining in Turkey - Turkish Gold Demand by End Use Sectors (Thousand Ounces), 2009-2015*
Table 8: Precious Metals Mining in Turkey - Comparative Analysis of Major Producers, 2014
Table 9: Precious Metals Mining in Turkey - Koza Alt?n ??letmeleri A?, 2015
Table 10: Precious Metals Mining in Turkey - Eldorado Gold Corporation, 2015
Table 11: Precious Metals Mining in Turkey - Alacer Gold Corp., 2015
Table 12: The Mining Industry in Turkey - Withholding Tax Rates (%), 2015
Table 13: The Mining Industry in Turkey - Depreciation Tax Rates (%), 2015
Single User License:
Corporate User License:
Koza Alt?n ??letmeleri A?
Eldorado Gold Corporation
Alacer Gold Corp
Turkey, historic and forecast gold mine production in Turkey, Turkey gold reserves, historic and forecast gold mine production by mines in Turkey, factors affecting demand for gold, demand driver, competitive landscape, the Turkey fiscal regime
select a license
NEWSLETTER BY CATEGORY
Well structured, the insights they shared with us were very helpful and reliable. Their timely assistance make their services invaluable to us. I would highly recommend them and would definitely use them again in the future if needed... "President, VPP E-Data Services, VPP E-Data Services"
The report sent to us was on the point, and its information was quite extensive, well structured, and well researched. More importantly what we valued was your response time and professionalism. As a leading global consulting firm, our clients expect high quality deliverables in short periods of time, so a reliable research partner is essential. For the price that you have charged the quality of your services were exceptional. We look forward to continue our relationship with your team on future engagements.... "Senior Associate, Booz Allen Hamilton"
This is with regards to your report on India PVC pipes and fitting market outlook industry outlook to 2019. This is a very well written report and accept my compliments on the same.... ... "Mohit Mittal, Consultant, KPMG Advisory Services"
I am pleased to see the very useful and productive information in the report..Very well structured great presentation reflect professionalism in your research studies.... "Mustafa Masood, Financial Analyst , Coldwell Banker Riyadh"
While we still are studying and analysing your reports about Vietnam & Thailand, we would like to convey to your research team that they have done a very good job in compiling so much of information together. We hope to see more of such well researched reports. All the best & keep it up. ... "Prashant Bhagwat,General Manager, Mahindra"