Overview About Turkey

• Turkey is the largest gold producer in Europe, producing approximately 25 Mt of gold in 2011. Sweden follows as the second largest gold producer in Europe with 6.5 Mt of gold annually.
• Turkey is a stable mining jurisdiction and the country is open to foreign investments
• The country also boasts strong macro-economic fundamentals, growing at an average rate of 5% per annum:
  • Member of G-20
  • Excellent infrastructure
  • GDP similar to that of Canada’s
  • 75 million population, 61% of which are under the age of 34
  • Parliamentary democracy based on multi-party system
  • Competitive tax system – corporate tax is 20%