Gold Industry Precious Metals Mining In Turkey To 2020 Market Size, Shares, Trend, Growth, Research And Statistics

665 words - 3 pages

  

The Precious Metals Mining in Turkey to 2020 – a Focus on the Gold 
Industry report comprehensively covers the country’s historical and 
forecast data on gold mine production to 2020, production by province
and reserves (also by region). The report also includes drivers and 
restraints affecting the industry, profiles of major precious metals 
mining companies, information on the major active, development and 
exploration projects and regulations governing the industry.
Executive summary
Turkey leads in European gold production and is likely to be a 
...view middle of the document...

Key highlights
    Turkey is competitively placed in terms of its geographical 
location with significant mineral deposits and potential for newer 
discoveries, with only Western Turkey in particular having been 
comprehensively explored until now.
    The country has strong academic infrastructure with 21 mining 
engineering departments in 19 cities and has managed to attract huge 
foreign direct invest (FDI) into exploration, development and active 
projects, to the tune of US$250 million in 2013. 
    Its substantial mineral reserve base is a big attraction for 
foreign investors and the rapid expansion of the gold mining industry
was the chief stimulant behind foreign investments in 2013.
    The Turkish mining industry is struggling with legal uncertainty 
caused by a rapid change in court decisions and inconsistent 
implementation of governmental regulations. The Mining law was 
changed twice in 10 years, although environmental legislation and 
reporting requirements are continuously changing.

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