Yasin Hacıoğlu’s Hacıoğlu Mining GH commits ₺1.2 Billion to West Africa gold push

As part of the new investment, the company will partner with Home Stake Company Limited to operate a newly approved mining site spanning 98,700 square meters. Under the leadership of Hacıoğlu Gold Mining Incorporated Company CEO Yasin Hacıoğlu, communication and technical evaluation processes with the Southern African Institute of Mining and Metallurgy (SAIMM) have been finalized, with the agreement expected to be signed and submitted to the relevant authorities shortly.

The state-of-the-art facility will feature a processing capacity of 200 tons of alluvial soil per hour. CEO Yasin Hacıoğlu stated that operations are scheduled to begin in February 2026, with an anticipated monthly production of between 360 and 420 kilograms of gold.

“Our Ministry of Environment–approved production line is designed to operate without cauxing harm to nature or generating chemical waste,” Hacıoğlu explained. “This investment will also create significant employment opportunities in the region. More than 250 people will be directly employed, contributing to the local economy as well as to the presence of the Republic of Turkey in the region.”

According to Home Stake Company Limited’s technical reports, the geological structure of the site indicates a rich alluvial gold potential. Yasin Hacıoğlu noted that these findings further strengthen the project’s success prospects and highlighted the company’s commitment not only to mining operations but also to social integration with local communities and environmental sustainability initiatives.

Source: Africabusinessinsider