Turkish Mining Sector Under The Light Of Turkish Mining Legislation

Owing to its geological structure, Turkey has a variety of mining resources and according to the statistics, share of mining in Turkish GDP is 1,5 %  as of 2014. Moreover, export rates of certain minerals have been increasing year by year. Turkey's potential in mining sector attracts also the interest of foreign investors. Pursuant to the statistics, amount of foreign direct investments in mining sector has been increasing since 2010.

An overview of Turkish Mining Legislation and Legal Reforms

In Turkish Mining Law, the Mining Code ("Code") numbered 3123 that entered into force in 1985 and amended in 2010 and 2015 is the main legislation regulating the permits and procedures for mining activities.