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 1.5 million ounces of gold was produced up to this day. The sulfide project completed and commissioned at the end of 2018 which extended life of mine to 2040.
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.
Polimetal and Artmin Madencilik, which is operated by Lidya, has made two important mine discoveries; Gediktepe and Hod Maden projects with its prospecting and development team. The feasibility studies are underway for both projects.
Outside of these two important projects, our prospecting studies continue actively in and outside of Turkey. Lidya, which evolves from an investor to an operator, 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.