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Koza Gold Operations Company is a Turkish company formed by 100% Turkish capital to explore and operate gold mines in our country. KOZA Davetiye Magaza Isletmeleri ve Ihracat A.S. and Koza Ipek Holding A.S. have acquired all the shares of Normandy Madencilik A.S. from Newmont Mining Corporation Limited in March 2005 thus becoming first Turkish company in the history of Republic of Turkey to realize gold production in this country.
Company's Ovacik Gold Mine situated at Bergama, Izmir has been a key factor in turning the country's big gold potential into economical gain and it is the first gold mine operated in the Republic of Turkey. Gumushane-Mastra Gold Mine progressed with company's operational investments, is on its way soon to become Turkey's gold second gold mine after Ovacik.
The goal of the company which has mineral exploration programs throughout the country is to become a key gold producer and thereby contribute to developing gold mining and Turkish economy by employing the best available high environmental standards and establishing mutual trust with the local people, and respecting their values.
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Source of Pride for Turkish Mining
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Tubitak stated that allowing Ovacik Gold Mine to operate as a business activity, sensitive and in conformity with environment will be beneficial and appropriate for the interests of our country within the frameworks of sustainable development concept.
European Commission exemplifed Ovacik to EU countries.
The latest expertise report compiled by a team of experts who carried out an inspection at Ovacik Gold Mine reveals that when the mine's economical life ends, there will be no negative impact of the closure and rehabilitation stages on the human and environmental life.
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