R/€ = 15.90 Change: -0.01
R/$ = 14.07 Change: 0.00
Au 1320.93 $/oz Change: 5.93
Pt 805.07 $/oz Change: 17.61


Gold slips amid US-China trade war concerns

By: Reuters     12th September 2018 Gold fell on Wednesday, but remained stuck in a narrow trading range as investors worry about a simmering trade war between the United States and China. Spot gold was down 0.3% to $1 193.61 an ounce at 1200 GMT, after hitting its lowest since Aug. 24 at $1 187.21 on Tuesday. US gold futures eased... 

Threat of contagion in emerging markets deepens commodity risk

By: Bloomberg     13th August 2018 When Thailand devalued its currency two decades ago, few in global commodity markets took note. Within a year, the crisis morphed into an emerging-market rout that eviscerated the price of everything from crude oil to copper. Fast forward to today and Turkey is presenting a similar challenge. The... 

Sudan, Qatar to sign $4bn deal to manage Red Sea port – Ministry

By: Reuters     27th March 2018 Sudan and Qatar will sign a $4-billion agreement to jointly develop the Red Sea port of Suakin off Sudan's coast, Sudanese media quoted Transport Minister Makawi Mohamed Awad as saying. Awad made the announcement during a visit by Qatari officials to Suakin on Sunday, the reports said. 

Turkish gold businessman to sue Turkey's savings deposit bank

By: Reuters     27th January 2018 The founder of Turkey's biggest mining company Akin Ipek has launched legal action against a Turkish state fund in the latest stage of his battle for control of London-based assets, a spokesman for the British subsidiary said. Turkish authorities have seized hundreds of companies that are now... 

Turkish gold imports hit record 370 t in 2017 – Borsa Istanbul

By: Reuters     19th January 2018 Gold imports to Turkey hit a record 370 t in 2017, more than trebling from 106.1 t, data from Borsa Istanbul showed. This was the highest level of imports since the data was made available in 1995 and well above the previous record of 302 t set in 2013. 

Turkish May gold imports highest since August '08

By: Reuters     2nd June 2017 Gold imports to Turkey rose to 48 t in May, up from 23.9 t in April, and marking the highest monthly imports since August 2008, data from the Istanbul bourse showed on Wednesday. Turkey's gold imports rose 17-fold in March, as Turks looked to hedge currency risk ahead of an April 16 referendum,... 

Turkish gold miners operate unhindered during attempted coup

By: Henry Lazenby     18th July 2016 Turkey-focused miner Alacer Gold reported Sunday that the Çöpler mine was operating as normal and that there were no local disruptions in the wake of a military coup d'état attempt on the government of Turkish President Recep Tayyip Erdoğan. The TSX- and ASX-listed company reported that after it... 

Pan Macmillan South Africa is delighted to announce that as of July 2016 the company will represent Cassava Republic Press in South Africa.

29th June 2016 Cassava Republic Press is a leading African publishing house and their list comprises an eclectic list of quality literary fiction, non-fiction, crime, young adult fiction, children’s books, and romantic fiction under the Ankara Press imprint. The publisher aims to spotlight the vibrancy and... 

Trans-Anatolian natural gas pipeline project, Azerbaijan and Turkey

By: Sheila Barradas     8th January 2016 ABB has won a large contract for Tanap to bring Azerbaijan’s natural gas directly to Europe. 

Centerra Gold makes progress in diversifying asset base, reports strong Q2 performance

By: Henry Lazenby     30th July 2015 Canadian miner Centerra Gold has completed a positive feasibility study on its fully owned Öksüt project, in south-central Turkey, with first gold production slated for early in the second quarter of 2017. The feasibility study's base-case scenario estimated that the project would have an... 

Exhibition area at IFAT Environmental Technology Forum Africa in Johannesburg extends to outdoors

21st May 2015 Key players signed up National and international support from associations and government ministries Exhibitor allocation for IFAT Environmental Technology Forum Africa has begun and the organizers are very positive about the stand confirmations to date: The exhibitor target for this trade fair,... 

More wasted on Zuma's Russian jaunt 

By: News24Wire      14th May 2015 More money was wasted on top of the more than R2-million which the state had to pay for the empty plane that was sent to fetch President Jacob Zuma after a weekend visit to Russia. It has now emerged that four officials had to be sent home on hastily booked commercial flights. 

Plane drama sees millions extra spent to hire jets to get Zuma home 

By: News24Wire      13th May 2015 Millions of rands extra had to be spent to get President Jacob Zuma back to South Africa after an official visit to Moscow. By late on Tuesday, it was still not clear when he would land at Waterkloof air force base. 

Combined-cycle gas turbine power plant, Turkey

By: Sheila Barradas     23rd January 2015 The project involves the construction of a combined-cycle gas turbine power plant near Kirikkale, in Central Anatolia, about 50 km east of Ankara. 

Testing confirms high-grade copper concentrates at Turkish play

By: Natalie Greve     15th October 2014 JOHANNESBURG ( – Flotation testwork of supergene material at Stratex International’s Muratdere copper molybdenum project, in Turkey, has yielded sulphide copper recoveries averaging 79.76% copper, together with some recoveries of gold, silver and molybdenum. Copper contents of... 

Aldridge shares spike on Turkish environmental nod

By: Henry Lazenby     6th March 2014 The TSX-V-listed shares of Turkish-focused project developer Aldridge Minerals on Thursday jumped 12.90% after the country’s Environment and Urbanisation Ministry gave the Yenipazar polymetallic project the environmental go-ahead. Toronto-based Aldridge reported that the Ministry had signed and... 

Centerra Gold swings to Q4 profit, persists with govt negotiations

By: Henry Lazenby     20th February 2014 Canadian miner Centerra Gold has swung to a fourth-quarter profit, boosted by strong output from its two operating mines. For the three months ended December 31, the TSX-listed miner late on Wednesday reported net earnings of $106.6-million, or $0.45 a share, compared with a loss of... 

Trans-Anatolian natural gas pipeline project, Azerbaijan and Turkey

By: Sheila Barradas     17th January 2014 The gas pipeline will deliver gas from natural gas reserves located in the Shah Deniz-2 and other gasfields, in Azerbaijan, and from natural gasfields in countries neighbouring Turkey, to domestic markets. 

Despite Turkish protests, it is ‘business as usual’ for Aldridge

By: Henry Lazenby     28th June 2013 Despite the ongoing civil protests that have rocked various Turkish cities during the past month, the country remains an attractive investment destination, and the unrest has not altered the development path for Aldridge Minerals’ flagship Yenipazar polymetallic project. Aldridge president and... 

Aldridge gains full ownership of Turkish flagship project

By: Henry Lazenby     18th June 2013 Turkey-focused project developer Aldridge Minerals on Monday announced that it had exercised its option to earn a 100% working interest in its flagship Yenipazar polymetallic volcanogenic massive sulphide project in the country, after it delivered the Yenipazar feasibility study to Alacer Gold.... 

Aldridge Minerals reports ‘robust’ metrics for Turkish project

By: Henry Lazenby     3rd April 2013 Toronto-based Aldridge Minerals on Wednesday reported “robust” metrics for its flagship Yenipazar polymetallic project, in the geographic heart of Turkey. The company published the results of a feasibility study, which had placed an after-tax net present value of $323-million on the project,... 

Company Announcement: Askale Cimento’s first Vertical Roller Mill for Clinker grinding will be supplied by LOESCHE

31st January 2013 Askale Cimento Sanayii T.A.S. is currently erecting a new 4,000 tpd Clinker production line in Gümüshane, near the Black Sea about 100 km south of Trabzon, Turkey 

Company Announcement: Higher Driving Comfort Thanks to 750 New DIWA.5 Transmissions in Istanbul

28th January 2013 Citybuses provide the highest proportion of public transport systems in Istanbul 

Company Announcement: LOESCHE supplies Europe's largest Cement Mill to Turkey

28th August 2012 NURYOL Cimento Sanayi ve Ticaret A.S. have decided to go all LOESCHE 

Eser natural gas-fired combined-cycle gas turbine power plant project, Turkey

By: Sheila Barradas     24th August 2012 The project involves the construction of a greenfield 835 MW natural gas-fired combined-cycle gas turbine power plant. 

Company Announcement: Metso automates a greenfield combined-cycle power plant in Turkey

7th May 2012 Metso has signed an agreement with AGE ENERJİ Yatırımları A.Ş, one of Turkey’s major energy companies, to automate a greenfield combined-cycle power plant in Denizli, Turkey. 


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