Gold miner begins construction in Turkey
September 24th, 2008 | by mantrionline |Anatolia Minerals today announced that the company has begun construction on its Copler Gold Mine in Turkey, with construction management begin provided by SNC Lavalin. This puts the target for first gold pour in late 2009, followed by a ramping up of activity to reach full production by 2011.
Colorado-based miner Anatolia’s president and CEO, Edward C. Dowling, commented, “This is a milestone achievement for Anatolia. I’m pleased we have delivered on the objectives that we outlined at our annual meeting. Since receiving our final permits last month, we completed a review of our construction execution plan and are ready to proceed. Copler represents an important partnership between Anatolia and the communities of the Province of Erzincan.”
The company noted that construction of a by-pass road, power line, company housing, construction management accommodations and water wells are either complete or on schedule, and key equipment is available for delivery to the project site.
Shares of Anatolia closed up 5% yesterday to end the day at $1.48.
