Koza Gold Operations Company is a Turkish company formed by 100% Turkish capital to explore and operate gold mines in our country. KOZA DavetiyeMagazaIsletmeleriveIhracat A.S. and KozaIpek Holding A.S. have acquired all the shares of Normandy Madencilik A.S. from Newmont Mining Corporation Limited in March 2005 thus becoming first Turkish company in the history of Republic of Turkey to realize gold production in this country.
Company’s Ovacik Gold Mine situated at Bergama, Izmir has been a key factor in turning the country’s big gold potential into economical gain and it is the first gold mine operated in the Republic of Turkey. In addition to its Izmir (Bergama) -Ovacik, Gumushane -Mastra and KaymazGold Mines, which are in progress of production, and other mine reserves to get into operations in the Aegean and East Anatolian regions of Turkey, Koza Gold plans to increase the productions in near future.
Koza Gold Operations Company with its Ovacik, Mastra, Havran and other projects, which will be developed in future aims to become a key gold producer and thereby contribute to developing gold mining and Turkish economy by employing the best available high environmental standardsand establishing mutual trust with the local people, and respecting their values
Koza Gold has set up itself a goal to carry out transparent and durable mining activities from the very first day onward by employing best available technology in the sector and exhibiting highest environmental performance and establishing mutual trust among the local people with respecting their values, and to integrate economical and social development with the protection of environment while carrying out its activities.
In line with its goal, Koza has significiantly contributed added value to Turkish economy through its activities. Deveopling its production, resources and reserves, Koza has earned itsel a significiant place in the world and it keeps increasing its capital, workforce and number of operations ever since it has commenced its activities.
Himmetdede Gold Mine
Himmetdede Gold Mine is located in central Anatolia within the boundaries of Kayseri Province approximately 45km northwest of Kayseri. Infrastructure and plant within the project are being set up and closest settlement areas to this project are Himmetdede, Duver and Kalaba villages. Mine site is on the Kayseri-Kirsehir highway. The most important feature of this project is that it has been discovered, developed and generated by the geologists from Koza Gold Operations Inc. Therefore Himmetdede is the source of pride for Turkish mining.
It was determined that Himmetdede deposit currently has 24.7 million tonnes of ore reserve which contains 0.71 gr/au per tonne. It is planned that 12.7 tonnes of gold will be recovered by the end of mine life.
Open pit mining method is planned for ore production at Himmetdede project. The ore produced at open pit mining method will be transported by trucks to be fed into jaw crusher. Cement and lime will be added in agglomeration unit to agglomerate ore, which has been reduced to fine size by cone crusher. Agglomerated ore is taken by the conveyor band to stock pile area, where it will pass through barren solution to allow gold penetrates into the solution and will be collected in gold bearing pregnant solution ponds. After leaching, process, collected pregnant solution is enriched at ADR Plant to pour dore. The processes of carbon adsorption, carbon stripping and reactivation, electrowinning and refining are implemented at ADR plant. Non-economic rocks extracted from open pit are stockpiled at uneconomical rock storage area located within the project area.
It is anticipated that project life will be 8 years including land, preparation, construction, operating and closing stages. However, in the event of discovering reserves suitable for operating following explorations to be carried out in the area, it is possible to extend life of the project.
In addition to direct investment, the project will contribute significant input to the economy through state right, taxes and generating employment. It is planned to recruit 150 employees during construction stage of the project and 300 employees when operation commences. In pursuant to the local recruitment and purchasing policy requirements, majority of employees will be recruited from surrounding villages and local suppliers will be preferred for buying goods and services. Along with direct benefits, the project will significantly contribute to the development of local education, health and social infrastructure. Sustainable mining criteria adopted by Koza Gold’s other mine sites will also be implemented here to pave the way for social and financial development in Himmetdede, Kayseri region.