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Advertisement Alamos Gold Inc has announced 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 claim will be filed under the Netherlands-Turkey Bilateral Investment Treaty, and is expected to exceed US$1 billion, representing the value of the company’s Turkish assets. Alamos has had an active presence in Turkey since 2010. Over tha...

Turkey's Dogu Biga Mining eyes 100 t of gold output from three project sites - report Photo: Alamos Gold/ All rights reserved. ANKARA (Turkey), February 25 (SeeNews) - Turkey's Dogu Biga Mining, part of Canada-based intermediate gold producer Alamos Gold, aims to achieve some 100 tonnes of gold production through its three project sites that will become operational soon, Istanbul-based media reported. This production volume corresponds to an economic value of some 48.2 billion lira ($6.6 billion/5.4 billion) in total, Daily Sabah quoted the company as saying earlier this wee...