Turkish gold production by the end of 2020 is estimated to surpass the record high level in the history of the Turkish Republic that was made last year, Hasan Yucel, president of the Turkish Gold Miners Association, told Anadolu Agency on Sunday.

Production is 2019 peaked at 38 tons but is estimated to reach a volume of 45 tons by the year-end, Yucel said.

“Turkey can easily produce 45 tons of gold by the end of the year, thanks to encouraging private sector investments and the number of production facilities that have become operational at the beginning of 2020,”

Read more: Turkey set to break 2019 record in gold output in 2020