After World War II Sri Lanka’s 3rd largest mine begins at Karasnagala

Karasnagala, the Sri Lanka’s third largest licensed mine after the Second World War launched its mining work on Thursday, September 19 at the Galigamuwa Divisional Secretariat in Kegalle District under the patronage of Chairman of the Geological Survey and Mines Bureau (GSMB) Asela Iddawela and other senior officials.

The Sarcon Development (Pvt) that obtained the mining license for Karasnagala mine entered into an agreement with the Board of Investment (BOI) in October 2012 to conduct a geological survey for graphite exploration.

However, the company was granted the IML Category – A license last August that gives exclusive rights to explore for mine, process and trade in all minerals mined within
the area specified.


Leave a Reply

Your email address will not be published. Required fields are marked *