Turkish Gold Mining and Energy Sectors See New Contracts and Production Boosts
Turkish Gold Enterprises A.S. (TRALT) completed its first gold casting at the Mollakara Gold Mine Project in Diyadin, Ağrı, producing 7,474 ounces of gold.
First Casting Yields 7,474 Ounces of Gold
TRALT announced a production target of 32,000 ounces by the end of 2026, with 471,000 ounces of visible and probable reserves. At current ounce prices, the project forecasts a potential revenue of $1.88 billion.
FONET Secures 36‑Month Healthcare IT Contract Worth 198.5 Million TL
Fonet Bilgi Teknolojileri A.S. (FONET) won the 36‑month SBYS service procurement tender from Aydın Provincial Health Directorate for 198,476,457 TL. The contract signing follows the legal appeal process.
Enerjisa Extends Polatlı Solar Power Project License to 2027
Enerjisa Enerji A.S. (ENJSA) announced that its subsidiary Enerjisa Müşteri Çözümleri A.S. has had the pre‑license period for the Polatlı Battery‑Based Solar Plant‑1 extended by the EPDK decision to December 31, 2027. The project continues under the applicable regulatory framework.
CW Energy Breaks Solar Cell Efficiency Record
CW Energy (CWENE) reported that Fraunhofer ISE certified a series‑production solar cell efficiency increase from %25.03 to %25.11. Post‑calibration, efficiencies of %25.1 and above are confirmed, with ongoing R&D.
Luxera GYO Acquires Istanbul Property for 209.25 Million TL
Luxera GYO (LXGYO) won the electronic tender organized by the Social Security Institution to purchase a property in Sultanbeyli, Istanbul, for 209.25 million TL. The transaction will be completed after payment and title transfer, adding the asset to the company’s portfolio.
Koton Expands Gulf Presence with Four New Stores
Koton (KOTON) announced the opening of four new corporate stores across Oman, United Arab Emirates, Qatar, and Saudi Arabia since Q2, continuing its expansion across five Gulf countries through both brick‑and‑mortar and online channels.
Arsan Holding Restarts Production After Earthquake Repairs
Arsan Holding (ARSAN) completed repairs of its paint‑coating facilities damaged in the Kahramanmaraş earthquake, obtained a usage permit, and resumed production on a single‑shift basis, aiming to scale up to three shifts soon.
San‑El and Salacak Health Investment: 74 Million TL Share Transfer
San‑El Engineering (SANEL), via its subsidiary Salacak Health Investments A.S., signed a 74 million TL share transfer agreement to acquire 50% of Uşakcan Dialysis Services A.S. Completion awaits SGK approval and registration.
Türkiye Vakıflar Bank’s Plan to Acquire V Portfolio Management
Türkiye Vakıflar Bank T.A.O. decided to initiate a share transfer process for the full acquisition of V Portfolio Management A.S., contingent on obtaining the necessary regulatory approvals.
Markets may see smart‑money gravitating toward TRALT as its reserve outlook aligns with stable gold prices, while ENJSA’s license extension signals sustained support for renewable projects. CWENE’s efficiency gains could intensify competition among solar panel manufacturers. Collectively, these developments encourage diversified asset allocation by domestic investors and shape short‑term liquidity flows across the Turkish financial landscape.