trending Market Intelligence /marketintelligence/en/news-insights/trending/nENJUlAdNwPeW7hKXEwAnw2 content esgSubNav
In This List

Alamos denies cyanide leak possibility at Turkish gold mine amid protests

Blog

Insight Weekly: US inflation soars; real estate faces slowdown; megadeals drive tech M&A

Blog

World Exploration Trends 2022

Blog

Gold Market Outlook

Blog

Insight Weekly: Path to net-zero; US manufacturing momentum; China's lithium M&A frenzy


Alamos denies cyanide leak possibility at Turkish gold mine amid protests

Alamos Gold Inc. denied claims that cyanide would leak into the surrounding area of its Kirazli gold mine in Cannakale, Turkey, and said it has already paid for future reforestation at the site, Reuters reported Aug. 7.

The report said thousands of Turks including opposition lawmakers protested at the mine site against expected pollution, claiming Alamos had cut down more trees than it had declared and would use cyanide that would contaminate the water in the region.

Alamos CEO John McCluskey said the protests were based on politically motivated misinformation. He added that a big component of the about US$5 million fee for the forestry permit is for reforestation at the site, which will be the focus in six and a half years.

Critics fear that the use of cyanide will harm the ecological structure of the area, but McCluskey said cyanide will only be used in the final step of the gold extraction process, and Alamos had taken measures to make sure there will be no leaks.