Gold mining company to file $1B claim against Turkey over halted project

Gold mining company to file $1B claim against Turkey over halted project
Canadian mining company Alamos Gold announced Tuesday it would seek $1 billion from Turkey after mining concessions expired for a controversial project in the nation’s northwestern Canakkale region.
Environmental activists walk at the gold mine site by Canada-based Alamos Gold in a deforestated area in Turkey's northwestern province of Canakkale, near the town of Kirazli on Aug. 18, 2019.
April 20, 2021
ISTANBUL — The Canada-based mining company Alamos Gold announced Tuesday it would seek more than $1 billion from Turkey for “expropriation and unfair and inequitable treatment” regarding a halted gold mining project in the country’s northwestern Canakkale region.

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