Turkish Gold Miners Association

Turkish gold production by the end of 2021 is estimated to surpass the record high level in the history of the Turkish Republic that was made last year, Mehmet Yılmaz, president of the Turkish Gold Miners Association, told Anadolu Agency on March 3.

Production in 2020 peaked at 42 tonnes but is estimated to reach a volume of 45 tonnes at least by the year-end, Yılmaz said.

Turkey's mining industry targets to produce a record 45 tons of gold this year, Hasan Yücel, the head of Turkish Gold Miners Association (AMD), has said.

"There are potential reserves of 6,500 tons from which 1,100 tons has been extracted," Yücel told state-run Anadolu Agency.

Gold production in Turkey broke a record in 2019 to reach its highest level in the history of the Turkish Republic, according to a statement by Turkish Gold Miners Association (AMD) on Dec. 2.

Turkey's annual gold production "may easily reach 50 tons within the next two-three years, thanks to new investment projects," the head of the Turkish Gold Miners Association has said.