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

Bank Asya answers smear campaign

Publicly traded Bank Asya roundly denied the ‘baseless rumors’ about its financial status via the Public Disclosure Platform (KAP). “There have been baseless smear and defamation campaign widely circulating in some press organizations and social media sites” read the statement. “Our bank will apply to the authorities to protect our legal rights in the face […]

‘TUSKON is a reliable and long-time friend of ours’

Speaking at the Turkey-Russia Trade and Investment Forum in İstanbul on Thursday, Katyrin said the two countries have a common goal of raising bilateral trade to $100 billion from its current level of $33 billion and that TUSKON has undertaken a key role in attaining this target.

Woman, 5-month-old son under custody after visiting husband in prison

Derya Gökten, the wife of an arrestee in Bursa prison was detained along with her 5-month-old son after visiting her husband in jail.

Woman miscarries twins after arrest, struggles for her life in prison

In yet another example of human tragedies proliferated in the aftermath of the July 15 coup attempt, a Sinop woman lost her twins in jail after she was arrested due to the ByLock mobile application that she says has never downloaded.

The Real Enemy Within Turkey

On the hot evening of August 20 in Gaziantep, Turkey, a still-unidentified person wearing an explosive vest laced with ball bearings navigated a series of narrow alleyways in the city’s Akdere neighborhood. He approached a wedding put on by a Kurdish family from Siirt; they were hosting a Henna night, a traditional ritual where the hands of the bride-to-be are tattooed with temporary ink. At 10:50 pm, the young man’s bomb exploded, killing 54 people. At least 31 were under the age of 18.

Are ambassadors propaganda officials for the ruling party?

Those who order ambassadors to put their citizens abroad in a difficult position in violation of human rights and national interests do not understand this: The international community is more concerned about whether the government sticks to democratic principles and the rule of law and less about who triggered the recent political crisis.

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

Autistic children left unattended as teacher parents under arrest over alleged coup links

Dialogue advocacy group ‘disturbed’ by Erdoğan’s harassment of Hizmet

Turkey: ‘Exclusion for all’ state

Self-exiled Islamic scholar Gülen rejects Khomeini analogy for potential return to Turkey

Yamanlar and Fatih High Schools’ success at International Science Olympiads

Questions on a Coup – Did Erdogan engineer it himself?

Third suspicious disappearance in a week: Teacher dismissed in post-coup crackdown not seen for 14 days

Copyright 2026 Hizmet News