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.