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Tureks board opts to give up Konya marble site
The company cited insufficient production efficiency at its marble exploration area, but did not say the relinquishment had been completed.
Key takeaways
- Tureks’ board decided to relinquish a marble exploration area in Bozkır, Konya.
- The company cited insufficient production efficiency in the feasibility work.
Tureks Turunç Madencilik’s board decided on October 9 to relinquish a marble exploration area in Bozkır, Konya, according to a company disclosure to KAP.
The company said feasibility work found that production at the site could not be carried out with sufficient efficiency. The decision concerns exploration license 202500534.
Giving up the area means the company has decided to surrender that exploration site. The disclosure does not say the relinquishment is complete or identify a further step.
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This article was produced with the help of AI technology. Source: Yahoo Finance
