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

TUSKON chairman to Erdoğan: To make fortune, join business world

In a response to Prime Minister Recep Tayyip Erdoğan’s call to Hizmet movement to form a political party, the Turkish Confederation of Businessmen and Industrialists (TUSKON) chairman Rıza Nur Meral called Erdoğan to quit politics and join the business world to make money.

US Congress members reaffirm unbreakable bonds with Turks

Dozens of members of the United States Congress have reaffirmed strong ties and growing friendship between Turks and Americans in an annual grand convention that also brought together businessmen and public figures. Organized by the Turkic American Alliance (TAA) and the Turkish Confederation of Businessmen and Industrialists (TUSKON), which represents six regional federations and over […]

Alevis voice unease over lack of promised rights at Abant meeting

Alevis have expressed at Abant meeting their uneasiness over pro-government comments claiming that the Gezi Park protests were an “Alevi uprising,” warning against a “dangerous approach that encourages wrong perceptions.” The title of this year’s Abant Platform, which started on Dec. 13, was “Alevis and Sunnis: Searching for Peace and a Future Together.” It was organized by the Journalists and Writers Foundation (GYV), a group affiliated with the Gülen Movement.

Rounding up the ISIS collaborators, in Turkey and Kurdistan

As U.S., Iraqi and Iraqi Kurdish forces close in on Mosul, there is hope that the military campaign can force ISIS out of Iraqi territory. Of course, there are many questions still unresolved, for example, about how to pick up the pieces in Mosul.

People overwhelmingly support democracy as answer to Kurdish issue

About 90 percent of the Turkish public believe the Kurdish question cannot be settled through military means but by democratization, and that expanding cultural rights and negotiating are the answers that will finally produce a settlement for Turkey’s decades-long problem with separatist terrorism, according to a recent survey conducted by pollster MetroPOLL.

CSOs across Turkey slam campaign under way to discredit Hizmet movement

Representatives of civil society organizations across Turkey issued press releases on Wednesday to condemn a defamation campaign targeting the Hizmet movement, a volunteer-based grassroots movement particularly working in the field of education around the world while aiming to spread interfaith dialogue inspired by Muslim scholar Fethullah Gülen.

Latest News

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

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Turkish Intelligence Agency (MIT) at center of political storm

Erdoğan isolates himself in power

10 arrested for providing food and assistance to families of jailed Gülen followers

Germany investigates possible anti-Gulen spies

New Book – Hizmet Means Service

Prof. Nanda: Extraditing Fethullah Gulen to Turkey would erode the rule of law

Understanding of Muslims in US is limited, says scholar

Copyright 2023 Hizmet News