Turquoise Hill Resources Ltd. today announced second quarter 2021 production for Oyu Tolgoi LLC and provided an update on the Oyu Tolgoi mine. Q2 2021 highlights In Q2 2021, open pit mining activities were impacted by personnel shortages due to COVID-19 restrictions. This resulted in an increase of lower-grade stockpile material being processed [...]
Turquoise Hill Resources Ltd. today announced that the nominees set forth in its management proxy circular dated March 26, 2021 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 12, 2021, are set out below. Election of [...]
Turquoise Hill Resources Ltd. today announced its financial results for the period ended March 31, 2021. All figures are in U.S. dollars unless otherwise stated. "Oyu Tolgoi had an exceptionally strong first quarter with production of 45,449 tonnes of copper and 145,656 ounces of gold. Our strong operational performance combined with rising copper [...]
Turquoise Hill Resources will announce its first quarter financial results on Wednesday, May 12, 2021 after markets close in North America. The Company will host a conference call and webcast to discuss first quarter financial results on Thursday, May 13, 2021 at 8:00 am EST / 5:00 am PDT. The conference call can be accessed through the following [...]
Turquoise Hill Resources Ltd. today announced that the Government of Mongolia filed its statement of defence together with a counterclaim in relation to a previously-disclosed international tax arbitration proceeding brought by Oyu Tolgoi LLC against the GOM in February 2020. Turquoise Hill is not a party to that arbitration, but the Company [...]
Turquoise Hill Resources Ltd. today announced first quarter 2021 production for Oyu Tolgoi LLC and provided an update on the Oyu Tolgoi mine. Q1 2021 highlights In Q1 2021, the mining of Phase 4b and Phase 6b moved deeper into the higher grade ore zone, resulting in a planned increase in head grades: Copper production of 45,449 tonnes, an increase [...]
Turquoise Hill Resources Ltd. and Rio Tinto today announced that they have entered into a binding Heads of Agreement to provide an updated funding plan for the completion of the Oyu Tolgoi LLC underground project in Mongolia. The Funding Plan is designed to address the estimated remaining funding requirement of approximately US$2.3 billion[1] and [...]
Turquoise Hill Resources Ltd. today announced that Oyu Tolgoi LLC has declared force majeure in connection with customer contracts for concentrate as a result of Oyu Tolgoi shipments of concentrate to its Chinese customers being suspended due to COVID-19 health and safety precautions related to Chinese-Mongolian border crossings. Oyu Tolgoi [...]
As a result of the quarterly review, S&P Dow Jones Indices will make the following changes to the S&P/TSX Composite Index prior to the open of trading on Monday, March 22, 2021: S&P/TSX COMPOSITE INDEX - March 22, 2021 COMPANY GICS SECTOR GICS SUB-INDUSTRY ADDED AcuityAds Holdings Inc.. Communication Services Interactive Media & Services ADDED [...]
Turquoise Hill Resources today announced its financial results for the year ended December 31, 2020. All figures are in U.S. dollars unless otherwise stated. "2020 was an important year for Turquoise Hill. In the face of the COVID-19 pandemic that dominated 2020, the Oyu Tolgoi mine achieved another year of excellent operational results, with [...]
Turquoise Hill Resources Ltd. announced today that Mr. Ulf Quellmann has resigned as the Company's Chief Executive Officer effective March 3, 2021, the Board of Directors of the Company and Mr. Quellmann having agreed that it would not be in the best interests of the Company for Mr. Quellmann to continue in this position. We thank Mr. Quellmann for [...]
Turquoise Hill Resources will announce its fourth quarter and full year 2020 financial results on Monday, March 8, 2021 after markets close in North America. The Company will host a conference call and webcast to discuss fourth quarter and full year 2020 financial results on Tuesday, March 9, 2021 at 8:00 a.m. EST / 5:00 a.m. PDT. The conference [...]