North Cyprus News | Online News for North Cyprus

Copper and gold found in Lefke

Copper and gold found in Lefke

May 29
12:00 2015

Drilling operations by international company Manning Ltd. have revealed that there are significant amounts of copper and gold in two locations in Lefke.

Reports says that an estimated 1,485,000 tons of copper could be found in one of the locations and 2,970,000 tons in the other.

In addition, a significant amount of gold was discovered in the area. The director of Manning Ltd, Oral Sonmez, has claimed that investment in this project could bring 200 million dollars in revenues. However, Sonmez said that a large portion of the land is located in an army controlled area. The company, therefore, would need to make the necessary negotiations with the TRNC and Turkey.

Yeni Duzen

 

Local Weather

Kyrenia, Cyprus
17°
15°
Mon
17°
Tue
18°
Wed
17°
Thu
Weather from OpenWeatherMap

Lira Exchange Rates

USD
USD
3.7884
EUR
EUR
4.6611
GBP
GBP
5.2989

Upcoming Events

  1. Church Services

    February 25
  2. NCCCT Bingo Night

    February 25
  3. Back to School With KAR

    February 26
  4. Whirling Dervish

    February 26