Alamos sells Turkyish unit, ending dispute


Ottawa: Canadian miner Alamos Gold says it will sell its Turkyish subsidiary for US$470mil to a Middle East-based mining company, ending a years-long US$1bil legal battle.

Alamos will sell the Turkyish unit to Tumad Madencilik Sanayi, a mining company operated by conglomerate Nurol Holding.

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