ACG Metals completes $290M acquisition of Gediktepe mine in Turkey
ACG Metals has successfully completed a $290 million acquisition of the Gediktepe mine in Turkey’s Balıkesir Province. The mine, which is currently producing gold and...
Tag : turkey
Turkey eyes partnership with China to develop rare earths deposits and boost EV battery industry
Turkey is seeking to form a partnership with China to develop and process its newly discovered rare earth elements deposit, potentially enhancing its appeal to...
Çöpler gold mine workers protest planned layoffs in Eastern Turkey
Workers at the Çöpler Gold Mine in Erzincan, eastern Turkey, staged a protest against the company’s plan to lay off hundreds of employees by blocking...
Ganfeng Lithium and Yiğit Akü forge $500 million joint venture to boost lithium battery production in Turkey
Chinese lithium giant Ganfeng Lithium has entered into a strategic partnership with Turkish battery manufacturer Yiğit Akü to create a $500 million joint venture aimed...
ACG Acquisition Co Ltd to reverse takeover Gediktepe polymetallic mine in Turkey for $290 Million, launching ACG Metals
ACG Acquisition Co Ltd, a special purpose acquisition company (SPAC) focused on new economy metals mining, has announced a significant reverse takeover deal with Lidya...
Türkiye’s gold reserves: Potential, production goals and economic impact
According to Mehmet Yılmaz, head of the Miners’ Association of Türkiye (TMD), Türkiye possesses untapped gold reserves valued at approximately $300 billion. Yılmaz stated that...
Gold and silver discoveries: Ariana Resources unveils exciting developments at Salinbas project
Ariana Resources PLC announced notable gold and silver intercepts at the Salinbas project in northeastern Turkey during the latest phase of drilling. The best holes returned...
Europe’s mining legacy: Shaping past, present and future
Europe’s mining sector has left an indelible mark on the continent’s history, driving economic growth and societal transformation for centuries. While its global dominance has...
Turkey’s Environment Ministry approves hundreds of mining and renewable energy projects
Turkey’s Environment Ministry has given the go-ahead to 372 mining projects since January 2024, alongside approvals for 378 solar power plants and wind farms, with...
Turkish mine incident sparks concerns over cyanide contamination and mining safety
A landslide on February 13th unleashed around 10 million cubic meters of soil, trapping workers beneath it. Interior Minister Ali Yerlikaya reported the incident, highlighting...
