Koza Altın İşletmeleri A.Ş is a Turkish gold mining company. Founded in 1989 as a branch of former Australian Normandy Mining corporation, in 2005 Koza İpek bought all the company's shares. In February 2010, the company went public with an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

of . By 2012, the company had a market value of around .

Gold mines

Since 1989, the company operates the and processing center near Bergama,

Aegean Region The Aegean Region () is one of the 7 Geographical regions of Turkey, geographical regions of Turkey. The largest city in the region is İzmir. Other big cities are Manisa, Aydın, Denizli, Muğla, Afyonkarahisar and Kütahya. Located in w ...

. In 2006, Koza Altın opened the Küçükdere gold mine near Havran,

Marmara Region The Marmara Region ( Turkish: ''Marmara Bölgesi'') is a geographical region of Turkey. Located in northwestern Turkey, it is bordered by Greece and the Aegean Sea to the west, Bulgaria and the Black Sea to the north, the Black Sea Region to the ...

, with ore being processed in Ovacık. Operations in the and the company's second processing center near Gümüşhane,

Black Sea Region The Black Sea Region ( tr, Karadeniz Bölgesi) is a geographical region of Turkey. The largest city in the region is Samsun. Other big cities are Trabzon, Ordu, Tokat, Giresun, Rize, Amasya and Sinop. It is bordered by the Marmara Region to the ...

, started in 2009. In

Central Anatolia The Central Anatolia Region ( tr, İç Anadolu Bölgesi) is a geographical region of Turkey. The largest city in the region is Ankara. Other big cities are Konya, Kayseri, Eskişehir, Sivas, and Aksaray. Located in Central Turkey, it is bordered ...

, the Kaymaz gold mine with a third processing center in Sivrihisar, was established in 2011. In a fourth processing center at Himmetdede gold mine near Kocasinan, commercial production of gold has commenced in 2015. , Koza Altın held 57 operating licenses and 281 exploration licenses all over Turkey. Also, a

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

with Canadian Medgold Resources conducts explorations for gold and silver in

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

References

Literature

External links

* {{DEFAULTSORT:Koza Ipek Holding Gold mining companies Mining companies of Turkey Companies established in 1989 1989 establishments in Turkey Companies based in Ankara Companies listed on the Istanbul Stock Exchange