KOZA GOLD - The International Resource Journal

Koza Gold
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MINING • Koza Gold
Koza Gold
the highest standard of gold
d development
JUNE 2010 • The International Resource Journal
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MINING • Koza Gold
JUNE 2010 • The International Resource Journal
Koza Gold Operations Company is a Turkish
company formed by 100 per cent Turkish
capital to explore and operate gold mines
in the country. In March 2005, KOZA
Davetiye Magaza Isletmeleri ve Ihracat A.S.
and Koza Ipek Holding A.S. acquired all the
shares of Normandy Madencilik A.S. from
Newmont Mining Corporation Limited,
thus becoming first Turkish company in the
history of Republic of Turkey to realize gold
production.
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MINING • Koza Gold
The company’s Ovacik Gold Mine situated at
ore body consists of two economical quartz
Bergama, Izmir, has been a key factor in turning
veins formed as epithermal in andesitic volca-
the country’s gold potential into economical gain.
nic rocks. Gold is found among the fractures in
It is the first gold mine operated in the Republic
quartz grain as free grains with an average size
of Turkey. Production, which currently continues
of 0.005mm (5 micron) and in lesser quantity
at Ovacik (Bergama/Izmir), Havran, Kucukdere
of gold-silver compound (electrum). Sulphu-
(Balikesir) and Mastra (Gumushane) mines, will
rous mineral is almost non existent in the ore.
be increased by the ore deposits at Kaymaz/
Tests revealed that both ore and side rocks
Eskisehir—which is in developing stage. Mine
had no potential to produce acid and feature a
deposits at Agean and East Anatolian Regions
high acid buffering (alkali). Ovacik ore, which is
will commence in near future.
extremely clear of heavy metal, contains lower
The goal of the company (which has mineral
exploration programs throughout the country) is to
metal quality than allowed to be in agricultural
soil.
become a key gold producer, and thereby contribmy by employing the best available high environ-
The Mastra Gold Mine, and Havran
operations
mental standards and establishing mutual trust
The company’s Mastra Gold Mine is situated
with the local people, and respecting their values.
22km northwest of Gumushane and northeast of
ute to developing gold mining and Turkish econo-
Mastra (Demirkaynak) village, and south of East
Ovacik Gold Mine
Koza Gold’s Ovacik Gold Mine is located 100
Pontyd Tecnotic band.
Koza Gold’s Havran operation has no chemi-
km north of Izmir-Western Anatolia, and is 12
cal plant and is only operated with open pit and
km west of Bergama and 20 km east of Dikili.
excavation activities. As the result of the activi-
Ovacik gold reserves were discovered by the
ties started in November 2006, 11.000 m³ of
Eurogold Mining Company in 1989 following
ore was produced at Havran-Kucukdere and
its exploration works carried out in the Aegean
50.000 tones of ore were transported to be pro-
region. Up until then, there had been no gold re-
cessed at the Ovacik Plant. Currently, the roads
serves found in Turkey, which would have been
used in production are surfaced with asphalt to
economical to put into operations. The Ovacik
prevent dust formation. It is planned to
JUNE 2010 • The International Resource Journal
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MINING • Koza Gold
produce 850.000 tones of ore in licensed areas
of Havran Open Pit Operations.
Social responsibility and site
commitment
Ovacik Gold Mine undertakes the highest stan-
The Kaymaz Gold Project
dards of job safety and environment manage-
The Kaymaz Gold Project is situated within the
ment by developing and implementing active job
boundaries of Town of Sivrihisar in Eskisehir
safety, health and environmental programs. The
Province. All necessary rights were purchased
company undertakes to promote sustainable
from Tuprag Metal Mining in 2005. Sampling,
development programs for the local community
mapping, trench and drilling activities and re-
in job safety and social responsibility and [with
serve calculations were completed in the area.
a respect for the] environment. According to the
Kaymaz region is in Izmir-Ankara zone.
Oceanic limestone, schist and serpentinites
forming basic rocks and tertiary aged intrusive
cross-cutting mélanges are found in the region.
Neogene aged sediments and quaternary alluvium is the youngest units. Mineralization is
company’s website:
“We achieve our health, job safety, environment and social objectives by:
•creating and maintaining a safe working
place for better welfare of our employees,
•providing training opportunities to develop
related with silisified limestone serpentinit and
a qualified and competent team of person-
intrusive. Mineralization developed depending
nel, contractor and firms.
upon silification and breccias contacted to older
•covering all aspects of designing, plan-
aged rock with more intrusive, serpentinites
ning, purchasing, production, maintenance
have higher grade. Small-scaled copper mineral-
with health, job safety, environment, and
ization is also observed in the region associated
social responsibility and public relations
with skarn.
and integrating them to the company’s
Tuprag Metal Mining has completed total
entire activities,
of 204 drilling in the region and total resources
•implementing and maintaining a health,
were calculated to be 912.000 tones. Koza Gold
job safety and environment system for
Operations has completed new sampling, geo-
employees, contractors and wide range
physics and drilling planning in the region.
of public to identify, review and effectively
control of health, job safety and environ-
JUNE 2010 • The International Resource Journal
mental risks
•setting up the standards and continuously
developing opportunities,
•participating actively in daily job safety
and environment meetings where work
place hazards, risks or incidents are discussed to form ideas,
•consulting with employees and public in
relation with health, job safety, environ-
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hazards,
• follow all written and taught regulations,
•immediately report any kinds of job safety,
environmental and social issues, and
•encourage others to act in the same manner,
•work in mutual trust confidence and respect the opinions and values of local
people.”
ment,
•conducting regular auditing and assessment programs for development,
•abiding with all applicable legal and regu-
Their vision
To be the first Turkish international company in
gold mining sector.
latory requirements, as a minimum standard,
•improving to develop socio-economics of
the local region,
•providing fair and equal working atmosphere and aiming to co-exist in peaceful
environment and implementing transparent policies, enhancing public relations
and pursuing sustainable development.
Everyone has to:
•receive the training provided and work in
accordance with instructions given,
•use risk analysis techniques to assess
work place hazards,
•be not engaged with any unacceptable
activities in job safety and environmental
Their mission
To carry out gold mining operations by using best
available technology and displaying highest environmental performance and showing respect to
local people in a mutual trust.
AS SEEN IN THE JUNE 2010 ISSUE
OF THE INTERNATIONAL RESOURCE JOURNAL