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Alamos Gold to file $1B claim against Turkey

Alamos Gold is set to file an investment treaty claim in excess of US$1 billion against the Turkish government over its alleged failure to approve licences for the company’s Kirazlı gold project.

Alamos Gold will accuse Ankara of “expropriation and unfair and inequitable treatment” over its alleged failure to approve licences for the Kirazlı gold project

Alamos Gold will accuse Ankara of “expropriation and unfair and inequitable treatment” over its alleged failure to approve licences for the Kirazlı gold project

The TSX-listed miner accuses Ankara of "expropriation and unfair and inequitable treatment, among other things".   The Turkish government failed to grant a "routine" renewal of its mining licenses...

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