The company was founded in 1972 by approximately 100 entrepreneurs, mainly gold dealers, jewellers and artists, the largest shareholding being less than 10%. In 1975 the company commissioned the Sarkuysan refinery at Osmangazi, Gebze, 40km east of Istanbul, which has good road, rail and sea links. Anodes for the refinery are provided from an integrated casting plant treating blister and scrap. At commissioning the refinery had a capacity of 40kt/a cathode. In 1994 the capacity of the...
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