
We foresee an investment of 450 million dollars
The work of GÜBRETAŞ Maden Yatırımları, a subsidiary of the Türkiye Tarım Kredi Kooperatifleri, to bring the gold mine in Söğüt into the economy continues. Dr. Fahrettin Poyraz, General Manager of the Türkiye Tarım Kredi Kooperatifleri, said that the first gold pouring in the project will be done at the end of 2022.
stated that they will make additional investments in the gold mine site belonging to GÜBRETAŞ in Sırhoca village on the Söğüt-Eskişehir highway .
Stating that the EIA report and other studies on the mine site are ongoing and that a three-phase study will be carried out in the region, Poyraz said, "Because there is not a single mine there. There are two different types of mines, both oxidized and sulfurous. We will make a complex investment that is intertwined into two different types of mines."
We foresee an investment of 450 million dollars
Poyraz emphasized that they are working to put the mine into operation as soon as possible and said, "We are currently making an additional investment for which we have placed machinery and equipment orders. Our goal is to pour the first gold by the end of 2022. There is a size there that corresponds to approximately 6 billion dollars gross in terms of the Turkish economy. We are foreseeing a total investment of 450 million dollars this year, next year and 2023 to extract this 6 billion dollar value from there."
Poyraz made the following assessment: "As GÜBRETAŞ Maden Yatırımları, we will hopefully start working in other fields in and outside of Söğüt in the future."