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

Hundreds gather in front of Silivri Prison to protest media crackdown

Hundreds of people gathered in front of Silivri Prison on Saturday to protest the detention of Samanyolu Broadcasting Group General Manager Hidayet Karaca, who is being held in custody in the prison as part of a government-orchestrated police operation targeting journalists, scriptwriters and police officers.

Fethullah Gulen: I Condemn All Threats to Turkey’s Democracy

I have been advocating for democracy for decades. Having suffered through four military coups in four decades in Turkey — and having been subjected by those military regimes to harassment and wrongful imprisonment — I would never want my fellow citizens to endure such an ordeal again. If somebody who appears to be a Hizmet sympathizer has been involved in an attempted coup, he betrays my ideals.

Kimse Yok Mu officials extend helping hand to Syrian refugees

The Şanlıurfa office of Kimse Yok Mu, a Turkish charity, in cooperation with the Şanlıurfa Governor’s Office, provided food, clothing, blankets and cleaning supplies to 200 Syrian families living in the town of Akçakale on Dec. 21. More than 120,000 Syrian refugees are taking shelter in camps in southern Turkey and more are expected to […]

Supreme court calls on AK Party’s Şahin to substantiate claim about Gülen

The Supreme Court of Appeals has asked a senior Justice and Development Party (AK Party) official to hand over any evidence regarding his allegations about US-based Turkish Islamic scholar Fethullah Gülen amid claims by the official that a judge at the high court had acted contrary to legal procedures and contacted Gülen before issuing his final verdict in a case against a businessman several years ago.

Arınç says Gülen’s offer to hand over prep schools ‘sacrifice’

Turkish Deputy PM Bülent Arınç has described the offer of Turkish Islamic scholar Fethullah Gülen to hand over prep school management to the state an example of “sacrifice” and promised that the issue of prep schools will be resolved in a way that pleases everyone. “God knows that we don’t have an ambition to manage [these prep schools]; our desire is that these services don’t become the causalities of a disagreement,” Gülen reportedly said.

Ambassadors uneasy over Erdoğan’s orders concerning graft probe

Turkey’s ambassadors have expressed displeasure over Prime Minister Recep Tayyip Erdoğan’s remarks that called on them to “tell the truth” to their foreign interlocutors, saying that defending the government against corruption allegations in not the ambassadors’ business.

Latest News

Fethullah Gulen – man of education, peace and dialogue – passes away

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

In Case You Missed It

Does Islam promote violence?

Corruption investigation: Questions that will hound PM Erdoğan

Failure of political Islamists in Turkey

Kimse Yok Mu medical volunteers in the Philippines

Belgian minister presents Turkish schools as example of high quality education

US under Trump still highly unlikely to extradite Gülen

Fethullah Gülen’s Message of Condolences for the Death of Soccer Star, Diego Maradona

Copyright 2025 Hizmet News