Prescient presentation - Petmin
Prescient presentation - Petmin
Prescient presentation - Petmin
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Red Crescent Resources (RCR) and Sivas Copper<br />
Project, Turkey<br />
49<br />
Turkey – one of Europe’s largest economies with a mining industry taking off<br />
• Population – 73 million<br />
• 7 th largest economy in Europe ~ $1 trillion<br />
• Turkey is the fastest growing economy in Europe (8.9% Growth in 2010)<br />
• Government remains committed to joining the EU<br />
• Turkish mining industry set to grow with large unexplored resource base<br />
• Government encouraging FDI into mining with investment-friendly regulations<br />
• Turkey mining industry is currently characterised by numerous small family-owned<br />
businesses<br />
Value (US$ billion)<br />
12<br />
10<br />
8<br />
6<br />
4<br />
2<br />
0<br />
-2<br />
Turkish mining industry forecasts<br />
2010 2011 2012 2013 2014<br />
-1<br />
Value (US$b) Real growth % of GDP<br />
6<br />
5<br />
4<br />
3<br />
2<br />
1<br />
0<br />
%growth and %GDP<br />
…A STRONG …Committed PLATFORM to growth, FOR …exceeding dedicated FUTURE to expectations<br />
value GROWTH
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