EBRD Provides €40 million loan to Finance Gold Mine Development in Turkey

EBRD announced providing a €40 million loan to finance the construction, development and operation of two mines in northwestern Turkey . Loan will be used to develop Lapseki mine in Çanakkale and the Ivrindi mine in Balıkesir. The two mines are being developed by Tümad, a subsidiary of Nurol Holding. The company is one of the first…

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