Lidya Madencilik, founded in 2006, started its activities by actualizing the first big international cooperation of Turkish mining sector with Alacer Gold in 2009. Lidya owns 20% of Çöpler Gold Mine which is the 2nd biggest gold mine of Turkey and 50% of an important prospecting portfolio together with Alacer Gold. The first gold production at Çöpler Gold Mine was actualized in December 2010 and approximately 1.2 million ounces of gold was produced up to this day. The mine, at which the production from oxide ore continues regularly, the investment and construction processes of the works related to sulphur ore expansion continue as well; the goal is to cast the first gold in the second half of 2018.
Polimetal Madencilik, which is operated by Lidya, has made two important mine discoveries with its prospecting and development team in the last 3 years. The goal is to start production within the scope of Gediktepe polymetallic mining project (which is our first big discovery) at Bigadiç, Balıkesir at the end of 2017.
The successful cooperation with Alacer Gold received interest from other foreign companies and an ownership of 70% was procured within the Hot Maden Project in Artvin after signing an agreement with Mariana Resources in 2014. As the current prospecting activities of our project continues, pre-feasibility studies are being carried out as well.
Outside of these two important projects, our prospecting studies continue actively in Bursa, Balıkesir and Gümüşhane. Lidya, which takes big steps from its investor position towards administration, is one of Turkey’s major mining companies with its strong prospecting and development team, offices in Istanbul and Ankara and projects & operations all around Turkey. Our company closely follows the mining opportunities in Turkey and the region.