According to GlobalData, Turkey is the world’s nineteenth-largest producer of gold, with output of 1,594koz in 2022, up by 11% on 2021. Over the five years to 2021, production from Turkey increased by a CAGR of 14% and is expected to rise by a CAGR of 6% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its report. Buy the report here.
Turkey accounts for 1% of global production, with the other largest producers being China (11%), Australia (10%), Russia (8%) and Canada (7%).
Leading producers of gold in Turkey are Eldorado Gold and First Quantum Minerals. Eldorado Gold's output was 295.07koz in 2021, down by 10% on 2020. First Quantum Minerals produced 16.06koz, an increase of 18% on the previous year.
For more detailed analysis of gold in Turkey, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
