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Saturday, April 13, 2024

Turkey discovers 99 tonnes of gold from burial site of Ertugrul Gazi

Turkey has discovered 99 tons of Gold from the burial site of Ertugrul Gazi in Sogut, announced the Turkish minister on Tuesday.

Turkey has discovered 99 tons of Gold from the burial site of Ertugrul Gazi in Sogut, announced the Turkish minister on Tuesday.

According to the Turkish news agency, Anadolu, the gold reserves are estimated to be 3.5 million tonnes and are valued at around $6 billion. Turkish Agricultural Credit Cooperatives, Farhat Altin Poyraz, and Geobritas Fertilizer Company announced the discovery on Tuesday.

“We are talking about a value close to six billion dollars,” Poyraz told Anadolu.

“Within two years, we will extract the first gold and bring value to the Turkish economy.”

The shares of the company soared by 10 percent. Poyaz said the fertilizer company had won control of the site in 2019 from another company through a court decision and would develop the find on its own.

Read more: Engin Altan of Dirilis Ertugrul reaches Pakistan on short visit

Energy minister Farhat Altin said Turkey announced the breaking of the record in 2019 by producing 38 tonnes of gold. “Our target for the next five years is to reach an annual 100 tonnes of gold production,” he said at the time.

Who is Ertugrul Gazi?

He was the father of Osman 1, the founder of the Ottoman Empire. He was himself a war veteran and a fierce fighter, as suggested by the history.

The historic figure came to prominence after the Turkish state television, TRT, broadcasted a 5-season series on the struggles and successes of Ertugrul Gazi. The character was played by a Turkish actor, Engin Altan Duzyatan. The series turned out to be a massive hit not only in Turkey but across the globe as well.

Read more: Ertugrul’s Pakistan reception: A manifestation of hypocrisy?

The first season of the series was released in 2014. While in Pakistan the entire series was broadcasted this year following the recommendation of Prime Minister Imran Khan who was informed about the serial during his visit to Turkey last year.

GVS News Desk