Gold mining increases by about 20% in Turkey

Turkey mined 29.5 tons of gold in 2012, increasing the volumes by 20%, compared with 2011 (25 tons). The mined gold costs about $1.7 billion.

The Turkish Association of Gold Miners says that 150 tons of gold were imported by $8 billion in 2012.

Turkey has increased gold mining 21-fold since 2001. Mining companies plan to extract 35 tons of gold in 2013 and reduce imports of the metal.

Adapted from Vestnik Kavkaza