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

Parents protest demolition of Fatih College wall

Parents from Merter Fatih College gathered in front of the İstanbul Metropolitan Municipality building on Wednesday to protest the demolition the wall of the school as well as a security cabin in the school’s courtyard by municipal teams in the early hours of Tuesday morning.

Turkey Carries Out Major NATO Purge

Turkey has fired hundreds of senior military staff serving at NATO in Europe and the United States following July’s coup attempt, documents show, broadening a purge to include some of the armed forces’ best-trained officials.

Bank Asya mandates Goldman for strategic partnership

Bank Asya said on Wednesday it has mandated Goldman Sachs as its financial advisor for a strategic partnership, without providing further details.The Islamic lender made the announcement in a filing with the İstanbul stock exchange.

Journalist Karaca sentenced to 31 years for slandering al-Qaeda-affiliated group

Samanyolu Broadcasting Group General Manager Hidayet Karaca has been sentenced to 31 years in prison by an Istanbul court on charges of membership in a terrorist organization and for allegedly slandering the al-Qaeda-affiliated group Tahşiyeciler.

A legal guidebook for ‘perception engineers’

The campaign to manipulate public perceptions of Fethullah Gülen and the Hizmet movement which is inspired by Gülen’s ideas is stepping up pace once again. The “wag-the-dog” strategy is wielded once again in an effort to distract public attention.

Erdogan is transforming Turkey into a totalitarian prison

In Turkey under President Recep Tayyip Erdogan, the tweet has been turned into a crime, and a troubled democracy is being turned into a dictatorship. Gradually but inexorably, a nation that once aspired to be an exemplar of enlightened moderation is being transformed by Mr. Erdogan into a dreary totalitarian prison.

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

Gülen Community and Gülen’s Reminder

Turkish students win Int’l Environmental Project Olympiad medal

Kurdish theologian: Gülen’s ideas best antidote to ISIL

Turkish charities take benevolence across borders during Eid al-Adha

Pakistan – Of friends and us

Man abducted by Turkish intel exposes torture during 9-month enforced disappearance

Brazilian senator impressed by Hizmet investments in education

Copyright 2026 Hizmet News