Koza gold firm starts up company in UK


Date posted: April 5, 2014

ISTANBUL

The Turkish gold firm Koza Altın, which has faced several setbacks in its mines in Turkey, has started up a 60-million pound ($100 million) capitalized company in the United Kingdom.

“The U.K.-based Koza Ltd Company was founded as a 100 percent subsidiary of Koza Altın, with the aim of engaging in mining operations abroad,” the firm said in a statement sent to the Public Disclosure Platform (KAP).

The gold company, whose owner Akın İpek is known to have close ties with Islamic scholar Fethullah Gülen’s Hizmet (Service) movement, has been hit by the suspension of several of its mining fields.

Koza’s activities in a mine in the Central Anatolian province of Eskişehir were suspended by the governorship, two months after the halting of another mine.

First in January, the İzmir Provincial Administration had ordered for the closure of its Çukuralan mine in the Aegean province due to the absence of “environmental permits or the environmental permits and licenses’ document.” After a court suspended the administration’s order, the operations at its Çukuralan field, from where around a quarter of its output is yielded, resumed.

Later, the company decided to shut down its Mastra mine in the Black Sea province of Gümüşhane after the Energy Ministry held off the firm’s operations there.

Most recently, in the beginning of March, the Eskişehir Governorship suspended operations at the company’s Kaymaz open cast mine, located in the Karakaya village, claiming part of the area was a meadow.

Koza Altın’ operations in the Ovacık, Çukuralan, Çoraklıktepe, Kubaşlar and Himmetdede mines are still continuing.

The Supreme Board of Radio and Television (RTÜK) also cancelled the national broadcast license of Kanaltürk, the TV channel owned by İpek, in a move that will significantly reduce Kanaltürk’s advertising revenue.

Source: Hurriyet Daily , April 2, 2014


Related News

Kerry Tells Turkish Foreign Minister Coup Accusations Irresponsible

Secretary of State John Kerry said Sunday he told Turkish Foreign Minister Mevlüt Çavuşoğlu that it was irresponsible for his country to accuse the U.S. of involvement in Friday’s coup attempt.

With happy life left behind, hardship awaits us as exiled family

Determined to fight back and continue with his honorable work, I’m proud of my husband who has raised his voice in the face of injustice and amid threats. This, I believe, is worthwhile despite our grief and hardship in the short run. The prime minister who did this to us, however, will be remembered in history as a leader who sent a family to exile for a simple tweet.

Fethullah Gulen talking about Turkey’s failed coup: Responses to Philadelphia World Affairs Council

Right now, all critical voices are silenced in Turkey and only the voice of those in power is heard. Consequently both Turkish people and outside observers are misled. The misperception about the coup continues because there is only one voice. The government interprets everything according to their calculations. They are using this event to express the antipathy they already had against Hizmet movement. The coup attempt is serving to justify their plans to persecute Hizmet movement.

Turkish PM acknowledges phone call to media executive

Turkey’s mainstream media has been under constant fire since last year’s Gezi Park protests and the recent graft probes for yielding to political pressure from the government.

TAA holding annual Turkic American Convention in Washington

The Turkic American Alliance (TAA), the largest national Turkic organization in the US, is holding its third annual Turkic American Convention in Washington, D.C., on March 12-13 in cooperation with the Turkish Confederation of Businessmen and Industrialists (TUSKON). Speaking at a press conference, Faruk Taban, the president of the TAA, which represents six regional federations […]

Conspiracy theory par excellence [against Gülen movement]

That broad spectrum of people appears to be convinced that Islamic scholar Fethullah Gülen, who has advanced an interpretation of Islam in line with liberal modernity, and the faith-based social movement he has inspired, is to be blamed for all wrongdoing and crime that is going on in Turkey.

Latest News

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Turkish PM’s wife praises devotion of Prague school’s teachers

‘Hizmet conspiracy’ theories rejected at iftar hosted by Alevis

Gulen`s Interview with the German Newspaper Süddeutsche Zeitung

McGill University Prof: Turkish President Erdogan Wrong To Blame Man Of Prayer For Coup

Bal asks whether Erdoğan is trying to suppress religious communities

Dusseldorf drawn to the call “Come, whoever you are”

Art exhibition tells story of deficiency

Copyright 2023 Hizmet News