Tenpin

The Yorkshireman
Alamos Gold to file $1 billion claim against Turkey
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Extract:
Canadian miner Alamos Gold has said its Netherlands units would file an investment treaty claim exceeding $1 billion against Turkey for “unfair and inequitable treatment” with its gold mining project in Turkey’s northwest.

“Alamos Gold Inc. regrets to announce that its Netherlands wholly-owned subsidiaries Alamos Gold Holdings Coöperatief U.A. and Alamos Gold Holdings B.V. will file an investment treaty claim against the Republic of Turkey for expropriation and unfair and inequitable treatment, among other things, with respect to their Turkish gold mining project,” the company said in a statement on April 20.
 

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