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

Tags: | | |


Related News

Can Erdoğan finish off the Gülen movement?

In other words, this is not a power struggle but a one-sided attack by an increasingly authoritarian leader on a civil society movement critical of the way government rules the nation.
In this asymmetrical fight, the Hizmet movement has nothing to lose. It is composed of individuals who are dedicated to doing something that they believe is for the good of humanity.

Bank Asya says it weathers ‘stress test’, still strong

Turkish media say state-owned companies and institutional depositors loyal to Prime Minister Recep Tayyip Erdoğan have withdrawn TL 4 billion ($1.79 billion), some 20 percent of the bank’s total deposits, over the last month to try to sink the lender. The government has declined to comment. Bank Asya’s chief executive Ahmet Beyaz said the bank’s founders included sympathizers of cleric Fethullah Gülen, who officials say is behind the corruption investigation posing one of the biggest challenges to Erdoğan’s 11-year rule. But he said the bank was not at risk.

Zaman launches satirical magazine, defying pressure with humor

The Zaman daily, which has been under intense government pressure that culminated recently with the detention of its editor-in-chief in a government-backed operation on Dec. 14, 2014, is launching a satirical magazine Monday, in an apparent move to respond to the pressure with humor.

Jailed journalist facing new trial for not calling Gülen movement a terror organization

Journalist Emre Soncan, who has been behind bars for 20 months, is facing a new trial for not describing the Gülen movement as a terrorist organization. Soncan, 36, used to work for Turkey’s best-selling Zaman daily, which was closed down by the Turkish government in the aftermath of a failed coup attempt on July 15, 2016 due to its links to the Gülen movement.

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

The Turkey Tribunal, a civil society-led, symbolic international tribunal established to adjudicate recent human rights violations in Turkey, started proceedings in Geneva on Monday where rapporteurs pointed to the use of systematic torture by the government against alleged members of the faith-based Gülen movement and Kurds.

Gülen’s lawyer: Systemic, illegal wiretaps taking place in Turkey over last six months

After “lies” and “defamatory statements” about Gülen surfaced in the media once new recordings were leaked on the Internet, lawyer Nurullah Albayrak said in a written statement that Gülen’s phone calls had been illegally wiretapped.

Latest News

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

Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade

Fethullah Gülen’s Vision and the Purpose of Hizmet

In Case You Missed It

Police report accuses Gülen based on fabricated ‘gov’t media’ stories

Global Spying Network: Erdogan’s Worldwide Monitoring of Gülen Supporters

Statement on Chapel Hill Shootings

Atlantic Institute promotes peace through dialogue

Gülen’s lawyer likens hate campaign against his client to Nazi era

Gülen: ‘Shame for military to stage coups but not to finish off the PKK’

Money trail in corruption case

Copyright 2026 Hizmet News