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Business News of Thursday, 12 July 2012

Source: Sammy Heywood Okine

Gokay Group revive stone quarry in Ghana

…invests $24 million

into precious stone and sand mining

By Sammy Heywood Okine

When the National Democratic Congress (NDC) declared that it
was a political organization committed to contributing to the lives of majority
of the people, they were challenged by the opposition. Now it is real and true
that the NDC is for the people, and want the nation to reap from the natural
resources.

Through the ingenuity and business contacts of the Greater
Accra Regional Chairman of the party, investors have come from Turkey to revive
abundant quarries to adopt new computerized systems of mining precious stone
and sand.
Mr. Kobina Ade Coker is the brain behind the revival of the
quarry at the Shai Hills that has been reconstructed to add to the revenue
generation of the country and which will be officially commissioned on Tuesday July
24, 2012 in Ghana.
Speaking to yours truly at this office, he hinted that Gokay
Group realized the massive potentials of investing in Ghana and decided to pump
$24million into the quarry project.
The Turkey based company led by Terres Sukre have planned to
move to other sectors like cement production, power plantation and creation of
landing sites for small boats.
According to Mr. Ade Coker, Gokay Group, being one of the
rapidly growing industrial, service and investment groups in Turkey, started
its journey in 1998 when Gokay Mining was founded. In addition to mining
operation that is the core business of the company, Gokay Group also operate in
construction and chemicals industries and occupies 5 affiliated companies under
its structure.
Gokay Group of Companies provides remarkable contributions to
the national economy with its various investments in the homeland as well as abroad.
Gokay Group has achieved a prestigious position in both domestic and
international markets thanks to successful business partnerships with
international companies.
Gokay Group apply modern management techniques in its all
contracting and operation projects and considers timely delivery of the work as
a part of corporate policy as well as supplying best quality materials and
assigning highly qualified labour force for each project undertaken. Their mission
is to maintain the success story in their operation fields in full compliance
with national and internationals laws and regulations.
Defining its mission as supplying best quality products to
Turkish industry in parallel with the developing technologies through working
in a team spirit that aims at involvement and continuous development of the
employees, the company is dedicated to timely delivery and meeting customer
needs as well as quality assurance and most favourable economic prices.
In addition to mining activities that constitute core
business of Gokay Group, the company produces Iron Sulphate Heptahydrate in its
chemical facility located in Adapazari, Turkey and the company offers
transportation and earthwork services with its large vehicle and machinery
park.
The facility located in Adapazari does not produce Iron
Sulphate Heptahydrate as a byproduct; instead, it produces it completely using raw
materials. Therefore, the product is certified under various national and
international certification schemes and the purity level of iron sulphate is
warranted as 99.5 % at minimum. Being one of the rare producer companies in
Turkey and rest of the world that can offer such outstanding quality product, their
product is preferred by domestic and international cement factories for higher
quality and for Chrome VI reduction which is a requirement for exporting to
European Union member countries. This product is also used in pharmaceutical,
cosmetics and water treatment sectors in domestic and international markets
Gokay Group’s Iron Sulphate Heptahydrate product is certified
with TS EN.889 and ISO 9001:2000 certifications in Turkey. Furthermore, the
product has proved compliance with BP, EP and USP specifications at the end of
the analyses conducted by an accredited laboratory. Moreover, the iron sulphate
product was subjected to inspections by American Food and Drugs Administration
(FDA) and compliance for marketing in America was proved with 2 different
certificates (technical and pharmaceutical grade). Becoming a member of Registration,
Evaluation, Authorisation and Restriction of Chemicals (REACH), our Iron Sulphate
Heptahydrate product was
released in European market.
They produce iron ore from the mine located in Ferizli
(Adapazari, Turkey) and thus meet the ore needs of many cement factories in
Marmora Region. “We have met customer needs on timely and complete manner for 9
years utilizing our large vehicle and machinery park,” said a company
statement.
Gokay Group makes block stones from the mine located in
Karamursel (Izmit, Turkey) and the waste generated is re-used by cement
factories as an industrial raw material (Puzzalone). Again, this mine continues
its services for 6 years on time and complete with thanks to its comprehensive
vehicle fleet, construction machines and two ships used for marine
transportation.
In addition to those referred above, the company also
maintains its operations in Algeria. The company maintains its pickling
operations since 2008 in phosphate facility of Somiphos Company in Tebesa city
utilizing its vehicle and equipment park with 15 million m3 total capacity.
Furthermore, the Company produces 3 million tons of aggregate
in a year since 2006 on stone query located in Oran (Algeria) and sells it to
road contractors, cement plants and other relevant companies. The Ghana Group
officially starts operations from July 24, 2012.Credit: