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» Thread for News on CSE and SL Economy
How the silence on this ! EmptyToday at 9:26 pm by nihal123

» Gota's Era
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» Dividend Announcements
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» LIOC.N0000 (Lanka IOC PLC)
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» බැඳුම්කර වංචාවේ වෝහාරික විගණන වාර්තාව පාර්ලිමේන්තුවට
How the silence on this ! EmptyFri Jan 24, 2020 7:05 am by nihal123

» අසාදුගත ව්‍යාපාරිකයින්ට රජයෙන් දුන් සහනය මෙන්න
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» SAMP.N0000 (Sampath Bank PLC)
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» සුරැකුම්පත් කොමිසමට නව සභාපතිවරයෙක්
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» In the Meantime, Within Our Shores !
How the silence on this ! EmptyTue Jan 21, 2020 10:17 am by කිත්සිරි ද සිල්වා

» කොටස් තැරැව්කරුවෝ අගමැති මහින්ද හමුවෙති
How the silence on this ! EmptyMon Jan 20, 2020 9:29 pm by nihal123

» Obituary Notice.
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» LOLC Holdings
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» SEYB.N0000 (Seylan Bank PLC)
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» Happy Birthday
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» ශ්‍රී ලංකා කොටස් වෙළෙඳපොළ ඉතිහාසයේ දෙවැනි විශාලතම කොටස් ගනුදෙනුව අද
How the silence on this ! EmptyThu Jan 09, 2020 9:59 pm by nihal123

» Hayleys MGT
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» Browns Investments update
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» Tokyo Cement
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» Lanka Tiles
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» RCL - Royal Ceramics
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» AEL Access Engineering
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» Sri Lanka central bank to develop a cost-based rate to price loans
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» Dialog Finance
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» Tourism Sector
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» Expolanka
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» Cartoon Today
How the silence on this ! EmptyMon Jan 06, 2020 2:41 pm by කිත්සිරි ද සිල්වා

» කොළඹ කොටස් හුවමාරුවෙහි නවතම ජංගම දුරකථන යෙදුම
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» ඉරානයට කළ ප්‍රහාරයෙන් පසු යුරෝපයේ කොටස් වෙළඳපොළ රැසක් පහළ වැටෙයි
How the silence on this ! EmptySat Jan 04, 2020 1:30 pm by nihal123

» VAT අදාළ නැති කට්ටිය මෙන්න. 50,000 ක ලැයිස්තුවක්
How the silence on this ! EmptyFri Jan 03, 2020 11:55 am by nihal123

» How to get Access to: 104 Technical trading experiments by HUNTER
How the silence on this ! EmptyThu Jan 02, 2020 9:20 am by Admin

» ලංකාවේ ලොකුම සමාගම මෙන්න. දුම්කොළ සමාගම අභිබවමින් ජෝන් කීල්ස් යළිත් පෙරමුණට
How the silence on this ! EmptyWed Jan 01, 2020 7:48 pm by Rana

» Sri Lanka’s LOLC Prepares to Sell Its Biggest Overseas Unit
How the silence on this ! EmptyWed Jan 01, 2020 4:43 pm by nuwanmja

» Sri Lanka’s Cargills, Sampath, DFCC Bank says met lending rate ceilings
How the silence on this ! EmptyWed Jan 01, 2020 4:26 pm by NIRMALSG

» Sri Lanka bank bad loans spike to 4.9-pct, non-banks 9.7-pct in Sept
How the silence on this ! EmptyWed Jan 01, 2020 9:29 am by The Invisible

» People’s Bank, Sampath, and DFCC face penalties
How the silence on this ! EmptyTue Dec 31, 2019 6:33 pm by nihal123

» NDB.N0000 (National Development Bank PLC)
How the silence on this ! EmptyTue Dec 31, 2019 1:55 am by Trend

» COMB.N0000 (Commercial Bank of Ceylon PLC)
How the silence on this ! EmptyThu Dec 26, 2019 9:23 pm by spw19721

» Thought for the day...
How the silence on this ! EmptyThu Dec 26, 2019 3:41 pm by Topcat

» ඩොක්ටර් ඒලියන්ත වයිට්
How the silence on this ! EmptyThu Dec 26, 2019 9:15 am by කිත්සිරි ද සිල්වා

» Why (Happy) People Cheat?
How the silence on this ! EmptyWed Dec 25, 2019 8:34 pm by pjrngroup

» Who killed Cock Robin?
How the silence on this ! EmptyWed Dec 25, 2019 8:33 pm by pjrngroup

» 65 Ways to Make Money Online
How the silence on this ! EmptyTue Dec 24, 2019 9:24 am by Topcat

» සුළු හා මධ්‍ය පරිමාණ ව්‍යාපාරිකයින් ලබාගත් ණය අයකර ගැනීම අත්හිටුවන්න
How the silence on this ! EmptyTue Dec 24, 2019 8:50 am by Topcat

» ACL Cables
How the silence on this ! EmptySat Dec 21, 2019 5:34 am by NIRMALSG

» Sri Lanka to up employer EPF contribution to 15-pct, start social security fund
How the silence on this ! EmptyWed Dec 18, 2019 2:46 pm by The Invisible

» රාජ්‍ය සමාගම් කොටස් වෙළෙඳපොළට ගෙන ආ යුතුයි
How the silence on this ! EmptyFri Dec 13, 2019 12:37 pm by serene

» Sri Lanka can resume high growth path, cut more taxes: Mark Mobius
How the silence on this ! EmptyThu Dec 12, 2019 9:29 am by The Alchemist

» රතු වැටෙනකොට
How the silence on this ! EmptyWed Dec 11, 2019 2:59 pm by කිත්සිරි ද සිල්වා

» Sri Lanka interest rates should go down, currency will not fall: Mark Mobius
How the silence on this ! EmptyWed Dec 11, 2019 11:18 am by The Invisible

» Equation of Happiness Solved
How the silence on this ! EmptyTue Dec 10, 2019 5:23 pm by Backstage

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Post by Backstage on Tue Nov 19, 2019 5:40 pm


Gold deposits found in Seruwawila: GSMB

18 October 2019 08:52 am -

Geological surveys conducted recently have revealed a gold deposit of 100 sq. kilometres buried in an area centring Seruwawila, Geological Survey and Mine Bureau (GSMB) Chairman Asela Iddawela said.

The Chairman said he hoped to seek foreign investors willing to work in accordance with the policies and procedures adopted by the bureau to join with the GSMB to carry out further surveys based on the data and geological elements available.

GSMB Director-General Dr.C.H.E.R. Siriwardena also affirmed the presence of gold ore within the Seruwawila copper and iron deposit in an area of about 100 kilometres in Arippu and Kollakulam.

He also said further surveys are needed to ascertain the economical viability of the expected gold deposit and samples have to be analysed to see the possibility of finding palladium, platinum elements. If the survey reveals positive results foreign investors can be attracted to develop the ore. (Thilakarathna Dissanayaka)
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