Türkiye to Launch Gold Production in Niger by 2025
Türkiye plans to begin gold production in Niger by 2025, as announced by Energy Minister Alparslan Bayraktar at the Türkiye Mining Summit. The country is also exploring new mineral deposits domestically, particularly copper. A memorandum of understanding with Niger aims to enhance mining cooperation between the two nations.
Türkiye is poised to commence its first gold production venture in Niger by the year 2025, as announced by Alparslan Bayraktar, the Turkish Minister of Energy and Natural Resources. During his address at the Türkiye Mining Summit in Istanbul, Minister Bayraktar elaborated on Türkiye’s extensive mining activities across various geographical regions, from Asia to Africa, aimed at securing a steady supply of vital raw materials. He highlighted that the ongoing exploration efforts in Niger will pave the way for gold production through MTA International Company, a subsidiary of the General Directorate of Mineral Research and Exploration (MTA).
In addition to international ventures, Türkiye has achieved notable success in domestic mineral exploration, having identified new deposits of minerals such as copper within the Central and Western Black Sea regions. Continuous exploration efforts have also brought to light promising reserves of molybdenum, gold, and rare earth minerals. Minister Bayraktar emphasized the crucial role of these resources in sustaining the nation’s green transformation objectives and zero-carbon targets in energy production. He reaffirmed Türkiye’s commitment to identifying new reserves and increasing economic contributions to the mining sector through raw material processing.
Minister Bayraktar further noted the significance of international cooperation, citing a memorandum of understanding signed in October between Türkiye and Niger regarding mining sector collaboration. This agreement seeks to promote sustainable development through bilateral mining initiatives and aims to foster public and private investments in Niger’s mining industry. By prioritizing negotiations and information exchange, Türkiye intends to facilitate further mineral exploration and exploitation in promising regions of Niger.
The mining sector is increasingly vital for Türkiye as it seeks to diversify its raw material supply and bolster its economy through domestic and international mining ventures. The country has allocated significant efforts to explore and develop its mineral resources, both within its borders and abroad, particularly in regions rich in natural resources like Africa. The discovery of vital minerals such as copper and ongoing exploration to uncover additional reserves reflects Türkiye’s strategic importance of this sector in achieving sustainable economic growth and meeting energy requirements through innovative mining practices.
In conclusion, Türkiye’s initiative to initiate gold production in Niger by 2025 marks a significant step in its broader strategy to enhance its mining capabilities and secure vital mineral resources. The cooperative agreement signed with Niger underscores Türkiye’s commitment to fostering sustainable development in the mining sector, while domestic discoveries, particularly in the Black Sea region, further bolster the country’s resource base. As Türkiye continues to expand its mining footprint, it positions itself as a key player in the global mineral supply chain.
Original Source: www.aa.com.tr
