Turkish miner, Lonmin to explore for gold, silver in Ireland


Date posted: May 27, 2014

IRELAND
Turkish gold mining company Koza Altın said on Monday it has signed a memorandum of understanding (MoU) with South African platinum miner Lonmin’s Northern Ireland unit for gold and silver exploration activities.The exploration will take place in Northern Ireland, the statement said. Koza had said in April it had established a wholly owned subsidiary in Britain to undertake mining activities abroad. This was an apparent move to compensate for losses the company has been suffering due to heavy government pressure at home. Koza Altın earlier had its operations in several major gold mines halted in a move that is being seen as the most recent example of the government’s exploitation of inspections and red tape to put pressure on those with views critical of it.

Koza’s parent company is İpek Holding, and it has long been speculated that the government has been working to suppress İpek’s companies and reduce coverage critical of the government’s authoritarian policies by its media groups.

Koza Altın is the only one in Turkey with 100 percent domestic ownership and it is the third private company on the list of top performers in terms of corporate taxes.

Source: Todays Zaman , May 27, 2014


Related News

German ambassador: Berlin does not recognize Gülen movement as ‘terrorist’ group

German Ambassador to Turkey Martin Erdmann has said his country’s judiciary does not recognize the Gülen movement as a terrorist organization and that Turkey should present credible evidence of criminal activity to Germany for the extradition of Gülen-linked individuals.

Bank Asya fights back against Erdogan attack

The government’s 10-month attack on Bank Asya has seen its share price slump by 50%, with the stock periodically prevented from trading on the Borsa, Istanbul’s stock exchange. The turmoil surrounding the bank has seen the failure of an agreed deal with the Qatar Islamic Bank, and an unwanted government-led attempt by state-owned deposit bank Ziraat, which recently created an Islamic unit, to absorb the privately owned Bank Asya.

Gov’t closes schools instead of resolving education problems

The Ministry of Education and the ruling Justice and Development Party (AK Party) government have been focusing on closing down private prep schools for university preparation (dershanes) and Turkish schools abroad instead of spending its energy on resolving critical problems in the Turkish education system, experts say.

A dirty war in the run-up to the elections

With the Gülen movement officially marked in police reports as being a “terrorist organization,” we can say that the ruling party’s war against the civilian populace has truly reached its dirtiest stage. A brief summary: The Gülen movement is undoubtedly one of the Muslim world’s most peaceful and tolerant civil movements ever.

Political life and NGOs in Turkey: Journalists and Writers Foundation

One of the most prominent NGOs in Turkey is the Journalists and Writers Foundation (GYV). This NGO recently published a statement in newspapers to announce that it does not have an agenda in terms of establishing a political party or appointing others to form a party on its behalf.

AK Party takes action to expel deputy who opposed closure of prep schools

Prime Minister Recep Tayyip Erdoğan’s ruling Justice and Development Party (AK Party) referred Kütahya deputy İdris Bal — who opposed the government’s planned closure of prep schools (dershanes) — to the party’s disciplinary board for expulsion on Thursday. Bal, reiterating his opposition to the closure of prep schools, he said that such a move would violate the Constitution.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

Turkish inmate jailed over alleged Gülen links dies of heart attack in prison

Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney

Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement

ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment

New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement

European Human Rights Treaty Faces Legal And Political Tests

ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases

In Case You Missed It

Education Ministry sought to profile students, teachers through surveys

RTÜK suspends 20 SHaber TV shows, harshest penalty of all times

Zeki Saritoprak speaks on Gulen Movement at Chautauqua Institution

Bank Asya recovers from gov’t provocation

Developing Ghana; the role of Tudec and Galaxy İnt’l School

Turkey’s president is using the failed coup as an excuse to snuff out secular democracy

Celebrating Turkish Cultural Day

Copyright 2026 Hizmet News