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Cashed up Alacer ready to dig deeper at Cöpler

Land use permits needed to allow construction of the Cöpler gold sulphide expansion project to start – said to be awaiting final government approval – now present the final hurdle to development after 80%-owner Alacer Gold Corp announced board approval for the major Turkey venture.

Alacer said in a statement the sulphide project would deliver “medium-term growth at compelling returns and [increase] production by an additional 22 years”, taking life-of-mine output to 3.