Turkey

Turkey's gold imports drop 93% in February

Ana Komnenic | March 9, 2014
Turkey gold imports drop

Drop attributed to higher gold price, end of gas-for-gold deal with Iran.

Eldorado Gold plans to build mines in Greece not likely to happen before May

Cecilia Jamasmie | January 16, 2014
Eldorado Gold plans to build gold mines in Greece not likely to happen before May

The company's Perama Hill project still needs approval to begin construction, while its larger Skouries project keeps facing opposition.

Turkey's 2013 gold and silver imports skyrocket

Ana Komnenic | January 3, 2014
Prime Minister Recep Tayyip Erdogan's government under fire

Import levels questioned as government faces political scandal over trade deal with Iran.

Iran resumes gold trade with Turkey

Cecilia Jamasmie | November 29, 2013
Iran resumes gold trade with Turkey

Iran's President Hassan Rouhani has a few reasons to smile.

300 coal miners barricade themselves inside Turkish mine

Ana Komnenic | November 22, 2013
Zonguldak coal mine

Zonguldak – Turkey's coal capital – has a grim history of coal mining accidents.

Ariana Resources up 53 pct

Michael Allan McCrae | September 23, 2013
ariana resources

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.

Pilot Gold reports 93.0 g/t silver over 122.7 metres at KCD, TV Tower

MINING.com Editor | May 16, 2013
Turkey mining

“We are extremely pleased"

Turkish gold mining showing some shine

Anthony Halley | February 26, 2013
Turkish mining

Turkish mining sector reform continues to bear certain fruits.

US sanctions crossed out gold-for-gas trade between Iran and Turkey: report

Cecilia Jamasmie | February 15, 2013
U.S. sanctions crossed out gold-for-gas trade between Iran and Turkey: report

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.

Centerra becomes sole owner of promising gold project in Turkey

Cecilia Jamasmie | January 24, 2013
Stimulus marathon' good for gold price

Oksut gold project went through the million-ounce mark in February last year.

Canada's Eldorado Gold to spend almost $100 million on exploration in 2013

Cecilia Jamasmie | January 9, 2013
Canada's Eldorado Gold to spend almost $100 million on exploration in 2013

The Vancouver-based miner posted its 2012 results Wednesday.

Turkish gold exports up 800% on Iranian demand

Mineweb for MINING.com | January 4, 2013

Turkish gold exports rose to $12.7bn in the first eleven months of 2012 compared to the $1.47bn exported in the whole of the previous year.

Centerra makes junior’s Christmas, becomes sole owner of gold project in Turkey

Cecilia Jamasmie | December 12, 2012
Gold hits 3-week high on disappointing U.S. jobs data

London-based explorer Stratex (LON:STI) got an early Christmas present this year, as Canadian Centerra Gold (TSX:CG) paid the junior and partner in the Turkey’s Oksut project a noteworthy $40 million for its 30% stake in the venture.

Turkey says Iran buys gold to evade U.S. sanctions

Cecilia Jamasmie | November 29, 2012
U.S. sanctions crossed out gold-for-gas trade between Iran and Turkey: report

Turkey's deputy minister said on Thursday that Iran has evaded U.S. economic sanctions in the last six months by using Turkish payments for energy to import gold.

IMF should switch to gold, says Turkey

Michael Allan McCrae | November 14, 2012
turkey prime minister gold IMF

Bullion is an "international constant" and has "maintained its honor throughout history."

Silvermet shares drop 26% after shutting down Turkish ops

MINING.com News | July 19, 2012
chart_down_finance_red

Silvermet Inc. (TSX-V: SYI) shares dropped 26% on Thursday after the Toronto-based company announced that operations have been halted due to a strike by unionized personnel at the Waelz kiln facility located in Iskenderun, Turkey.

Eurasian Minerals drills 26.1 meters averaging 4.47 g/t gold and 16.39 g/t silver at the Akarca JV project, northwest Turkey

VANCOUVER, BRITISH COLUMBIA–(Marketwire – July 19, 2012) – Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE:EMX)(NYSE MKT:EMXX)(NYSE Amex:EMXX)(FRANKFURT:6E9) is pleased to announce mid-year exploration results from the Akarca gold-silver project in northwestern Turkey.

Frenzy for Aldridge Minerals after resource update

Joshua Zapf | June 13, 2012
turkey 600

Stock is up 28% after reporting an indicated resource of 2.6 million gold equivalent ounces at 3.05 g/t and a tripling of the inferred resource.

'A decade of rising commodity prices is always followed by two decades of declines.' Now you tell us!

Frik Els | May 30, 2012
finance_fat_lean_double_man_before_after_400

Ruchir Sharma, head of emerging markets at Morgan Stanley, makes one of the most bearish statements yet on the end of the so-called commodity supercycle.

Eldorado Gold reports $67 million profit in Q1

Andrew Topf | May 3, 2012
gold shutterstock 333

Gold miners were caught in an ugly slide in the S&P/TSX Composite Index today, which shed 215 points in reaction to another poor economic report coming out of the US.

Alamos Gold Q1 profit jumps 65 pct

Mineweb | May 1, 2012

Strong gold price and a tax gain helped boost the gold miner's net income to $29.5m from $17.9m a year ago

Erdemir to start USD 700 million iron ore project

Steel Guru | April 29, 2012

Bloomberg reported that Eregli Demir & Celik Fabrikalari TAS, Turkey’s biggest flat steelmaker, will start USD 700 million investments to develop an iron ore plant by 2016.

Bad weather hits Alacer Gold Q1 output, but 2012 outlook rises

Mineweb | April 20, 2012
Map of turkey filled with its waving flag

While Alacer reports lacklustre production in the fourth quarter due to poor weather conditions in Turkey, it increases overall guidance for the year.

Canadian Eldorado's gold production keeps growing

Cecilia Jamasmie | April 12, 2012

Canadian miner Eldorado Gold (TSX:ELD) (NYSE:EGO), which recently closed its acquisition of European Goldfields, expects its yearly gold production to touch 1.7 million ounces within five years as it brings new mines into production.

Black Sea jewel town threatened by coal plant, daunted locals resist

Zaman | March 31, 2012

Resistance! The word is not in keeping with the relaxed atmosphere that a visitor expects in a pretty, seaside town, but we find it in the Yaykıl village of Gerze.

South Korean companies want to establish 6,000 MW coal power plants in Turkey

Penn Energy | March 28, 2012
smokestack_coal_power_pollution

Today Energy minister Taner Yildiz said that South Korean companies were interested in establishing 5,000-6,000 MW coal-fired power plants in Turkey.

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