Despite the rosy picture painted by the industry body, official figures show that Turkey bullion imports more than halved last year.
Vancouver gold miner forecasts minimum 80,000oz dip in output this year even as costs at mines in Greece, Turkey and China surge as much as 28%.
Before the infamous Soma disaster, which claimed the lives of 301 workers, there had been 1,308 fatal accidents in the industry since 2000, a new report shows.
Over 500 rescue personnel, two planes, three helicopters, 25 ambulances and 97 other vehicles continue to carry out the search and rescue work.
Twenty workers have either been rescued or escaped on their own from the flooded coalmine, but hopes are fading for the remaining 18 trapped underground.
Water levels inside the mine keep rising and rescue crews had made no contact with the trapped workers.
Initial media reports said the collapse occurred after water that had built up inside the mine coursed into areas where the workers had been located.
A scathing official report into the Soma mining disaster in Turkey has revealed a catalogue of negligent practices and a complete disregard for worker safety.
Mining accidents are common in Turkey, where poor safety conditions have cost 3,000 lives since 1941.
Turkey has seen steady growth in gold production over the last decade or so. It is now host to 7 commercial-scale mines.
Turkish gold miner Koza Altın has established a wholly owned subsidiary in Britain to undertake mining activities abroad.
Vancouver junior's stock pops after discovering new copper-gold porphyry in Turkey, bringing gains this year to 74%.
At least 36 people were arrested over the weekend in connection Turkey's worst-ever mining disaster.
Attempts to rescue trapped miners after a fire in a Turkish mine continue Thursday morning after a break of four hours. So far there are at least 282 people dead and 142 remain unaccounted for.
Fire is still blazing inside the mine, 18 hours after the blast, and hundreds remain trapped underground.
The accident was triggered by an explosion in a power distribution unit, which caused the mine's elevator to stop working.
Drop attributed to higher gold price, end of gas-for-gold deal with Iran.
The company's Perama Hill project still needs approval to begin construction, while its larger Skouries project keeps facing opposition.
Import levels questioned as government faces political scandal over trade deal with Iran.
Iran's President Hassan Rouhani has a few reasons to smile.
Zonguldak – Turkey's coal capital – has a grim history of coal mining accidents.
Silver-rich zone identified returning grades of up to 383 g/t Ag + 1.5 g/t Au and 234 g/t Ag + 1.7 g/t Au.
“We are extremely pleased"
Turkish mining sector reform continues to bear certain fruits.
The Turkey-Iran gold-for-gas exchange can be considered dead as tighter US sanctions imposed on Tehran have already stopped Turkish Halkbank from processing other countries’ energy payments to the OPEC oil producer.
Oksut gold project went through the million-ounce mark in February last year.
Get Mining News and Alerts
sent to your inbox daily