 | |  | Emerging Markets Focus | Monday, September 29, 2014
| | TURKEY sponsored by Invest in Turkey | | | | | Editor's note | | | Turkey, rich in copper, gold, nickel, coal, boron and thorium reserves, provides a geographical, and perhaps a cultural, bridge between Europe and the Middle East/Asia. From its recent high-point around US$20-22 billion in 2006-2007, foreign direct investment in the country dipped but then recovered to about $13 billion for the past two years. The government wants Turkey to be among the top 10 economies in the world, with a GDP of $2 trillion, and export revenues of $500 billion, in 2023, the centennial celebration of the foundation of the Republic of Turkey. While relatively small at about $4 billion a year, mineral exports are seen to have potential to make a far higher contribution in the decade ahead. | | Richard Roberts, Editor in chief, Mining Journal | | | | | | | | | AIM-listed minnow Ariana Resources plc will enter the final quarter of this year with its goal of graduating to gold producer tantalisingly close, following the securement of finance and additional land needed to get building at its modest Red Rabbit gold project in western Turkey. | | | |  | | | Alacer Gold Corp remains convinced its set-to-be-developed Copler sulphide project in Turkey is a budding world class gold asset, though investment bank Macquarie is evidently not so effusive. | | | | | | | When 301 miners died in a Turkish coal mine in May this year the world reacted in outrage, but really the disaster exposed what the industry had already known for quite some time: Turkey is not a safe place for coal miners. | | | | | | SPONSORED MESSAGE | Republic of Turkey Prime Ministry
Investment Support and Promotion Agency of Turkey (ISPAT)  The Investment Support and Promotion Agency of Turkey (ISPAT) was established under the auspices of the Prime Ministry in 2006. ISPAT is the official organization for promoting Turkey's investment opportunities to the global business community and providing assistance to investors before, during and after their entry into Turkey. ISPAT serves as a reference point for international investors and as a point of contact for all institutions engaged in promoting and attracting investments at national, regional and local levels. It works on a fully confidential basis and combines a private sector approach with the backing of all governmental bodies. ISPAT's free-of-charge services include, but are not limited to, providing market information and analyses, site selection, B2B meetings, coordination with relevant governmental institutions, and facilitating legal procedures and applications, such as establishing business operations, incentive applications, obtaining licenses and work permits. See more... | | | | | | Anatolia Energy Ltd, the Turkish uranium explorer, said it raised enough funds in a recent A$6 million (US$5.2 million) placement to take it to a development decision on its Temrezli ISR project. | | | | | | | Chesser Resources Ltd shareholders must decide whether the bird in the hand is more valuable than the prospect of future gains from mine development. In voting to sell the company's Kestanelik project in Turkey, they will be given the chance to size up the project risks more realistically than they might have done when originally investing. | | | | | | | |  | |  | Not a subscriber? Start a FREE trial to view these articles and more premium content. | | | | | |  | | | Latest Supplement | | | | Message from the Western Australian Mines and Petroleum Minister | | Following the amendment of the Mineral Resources Act, the responsibilities of the former Bureau of Minerals and Petroleum as per January 1, 2013 have been divided among the Ministry of Industry and Mineral Resources, the Mineral Licence and Safety Authority and the Environment Agency for Mineral Resources Activities. | | With the Western Australian (WA) Department of Mines and Petroleum (DMP) and the WA Department of State Development (DSD) located in Perth, the State Government is supported by 11 offices in key global export and investment regions. | | | | | |  | | Events update | | October 7-9, 2014, Moscow, Russia | | | | December 1-5, 2014, Business Design Centre, London, UK | | | | December 10-12, 2014, The Grand Hotel & Suites Toronto, Canada | | | | | | | | |
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