The name, Cyprus, derives from the ancient Greek word for the precious copper deposits that were already being mined and traded as early as 3000 BC.The ancient Cypriots were not only experienced miners but also skillful metallurgists. Since then the mining industry of Cyprus was active in the production of minerals of copper, iron pyrite, gold, chromites as well as asbestos fibers.
Since 1979 the mining industry of Cyprus is in recession because of the exhaustion of the known large and rich copper and iron pyrite ore bodies and the increase of the production cost without proportional increase in the international sale prices of metals.
Today there are about 25 abandoned sulphite mines around the Troodos Mountain. Some of the mines are partly restored for purposes of access, prevention of the acidic drainages and reduction of the visual disturbance.