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ARTICLE · 08 FEBRUARY 2018

Turkey Introduces New Fee Waivers And Discounts For Mining Activities

Moroglu Arseven
Moroglu Arseven
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Turkey has introduced new fee waivers and discounts for mining activities, available during the first five or ten years of a mine's operation.

TurkeyEnergy and Natural Resources
E. Benan Arseven
E. Benan Arseven
C. Hazal Baydar, LL.M.
C. Hazal Baydar, LL.M.
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Turkey has introduced new fee waivers and discounts for mining activities, available during the first five or ten years of a mine's operation. Changes have also been made to criteria for cancelling exploration activities, as well as issuing administrative fines.

Significant changes include:

  • Fees will now be waived during the first 10 years for operation permits related to (excludes forestation fees under the Law on Forests number 6831; "Forest Law"):

    • Group II. and Group IV. mine fields.
    • Mine fields transferred to Specialized Governmental Institutions and their subsidiaries.
    • Mine fields to be tendered by the Directorate of Privatization Administration to Specialized Governmental Institutions and their subsidiaries.

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