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Alamos Gold received a $470 million unsolicited offer to sell its Turkish mining assets, potentially ending its troubled operations there.
Alamos Gold has received an unsolicited $470 million offer to sell its Turkish mining assets, potentially allowing the company to exit the region after halting projects in 2019 due to regulatory and operational issues.
The sale, pending due diligence and approvals, reflects broader shifts in global mining, including delays at Ivanhoe Mines’ Kamoa-Kakula project and new discoveries in Australia and New South Wales.
Meanwhile, Empire Metals advances its Pitfield titanium project in Western Australia, targeting large-scale production near key infrastructure.
Rio Tinto has also announced six new investments in sustainable mining startups focused on technologies like robotic revegetation and waste valorisation, highlighting the industry’s growing emphasis on environmental and technological innovation.
Alamos Gold recibió una oferta no solicitada de $ 470 millones para vender sus activos mineros turcos, potencialmente poniendo fin a sus operaciones problemáticas allí.