Turquoise Hill Resources today announced the postponement of its annual general and special meeting of shareholders of the Company, originally scheduled to be held on May 12, 2020. Due to public health measures and restrictions on gatherings enacted by both the Federal and Provincial governments in Canada in response to the COVID-19 pandemic and to [...]
Turquoise Hill Resources Ltd. today announced first quarter 2020 production for Oyu Tolgoi and provided an update on underground development, COVID-19 and power. Highlights Q1 production was another strong performance given the mining position within the open pit sequence with results exceeding expectations despite quarterly copper and gold [...]
Turquoise Hill Resources Ltd. today responded to Pentwater Capital Management's recently filed proxy circular. Turquoise Hill's Board values engagement with its shareholders and believes an open dialogue with its shareholders is essential to its long-term success. Upon receiving the proposals from Pentwater, management and independent Board members [...]
Turquoise Hill Resources today announced its financial results for the year ended December 31, 2019. All figures are in U.S. dollars unless otherwise stated. "For 2019, the Oyu Tolgoi mine recorded another year of excellent operational results, and record industry-leading safety performance," stated Ulf Quellmann, Turquoise Hill's Chief Executive [...]
Since January, the movement of goods and people within Mongolia has been restricted within and across its borders to prevent the spreading of the novel coronavirus . Following the first positive test for COVID-19 in Mongolia on March 10 2020, the Government of Mongolia increased its restrictions on flights in and out of the country and on the [...]
Turquoise Hill Resources will announce its fourth quarter and full year 2019 financial results on Friday, March 20, 2020 after markets close in North America. The Company will host a conference call and webcast to discuss fourth quarter and full year 2019 financial results on Monday, March 23, 2020 at 8:00 am EST/ 5:00 am PDT. The conference call [...]
Turquoise Hill Resources today announced that Oyu Tolgoi LLC has been unable to reach a resolution of its previously-announced dispute with the Mongolian Tax Authority with respect to the MTA's tax assessment, and will be proceeding with the initiation of a formal international arbitration proceeding in accordance with the dispute resolution [...]
Turquoise Hill Resources today announced the submission of the Feasibility Study for the Tavan Tolgoi Power Plant Project to the Government of Mongolia by Oyu Tolgoi LLC. Oyu Tolgoi LLC is obliged under the 2009 Oyu Tolgoi Investment Agreement to secure a long-term domestic source of power for the Oyu Tolgoi mine. The Power Source Framework [...]
Turquoise Hill Resources Ltd. announced today that it will be seeking shareholder approval to implement a consolidation of its outstanding common shares. Reasons for and details of the share consolidation will be included in the Company's Management Proxy Circular, which will be mailed to the Company's shareholders in advance of the Company's 2020 [...]
Turquoise Hill Resources today announced the appointment of George Burns to the Company's Board of Directors as an independent director. Mr. Burns, President and Chief Executive Officer of Eldorado Gold, is an accomplished mining engineer with an extensive forty-year career in gold, copper and coal mining. Eldorado is a mid-tier gold producer with [...]
Turquoise Hill today announced fourth quarter 2019 production for Oyu Tolgoi as well as operational and financial guidance for 2020. Highlights: Full year copper production of 146,346 tonnes vs original guidance range of 125,000 – 155,000 tonnes Full year gold production of 241,840 ounces vs original guidance range of 180,000 – 220,000 [...]
QUARTERLY S&P/TSX COMPOSITE INDEX REVIEW – DECEMBER 2019 ADDITIONS Issue Name Symbol GICS Classification 60/Completion Capped Sector Indices Corus Entertainment Inc B Nvtg CJR.B 50201020 Completion Communication Services CT REIT CRT.UN 60101070 Completion Real Estate, REIT Jamieson Wellness Inc. JWEL 30302010 Completion Consumer Staples Lightspeed [...]
