In March 2018, the Speaker of the Mongolian Parliament appointed a Parliamentary Working Group to review the implementation of the Investment Agreement signed on October 6, 2009. The mandate was subsequently expanded to include the Amended & Restated Shareholder Agreement signed June 8, 2011, and the Oyu Tolgoi Underground Mine Development and [...]
Turquoise Hill Resources today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental Organization relating to the Government of Mongolia's process in finalising the Oyu Tolgoi Underground Mine Development and Financing Plan . Early reports suggest the [...]
Turquoise Hill Resources today announced its financial results for the period ended September 30, 2019. All figures are in U.S. dollars unless otherwise stated. "Operationally, the third quarter of 2019 was another strong quarter for the Company from both a production and safety perspective. Our Oyu Tolgoi team has continued to maximize the [...]
Turquoise Hill Resources today announced its financial results for the period ended September 30, 2019. All figures are in U.S. dollars unless otherwise stated. "Operationally, the third quarter of 2019 was another strong quarter for the Company from both a production and safety perspective. Our Oyu Tolgoi team has continued to maximize the [...]
Turquoise Hill Resources is pleased to announce that Shaft 2 construction is complete and has entered into the final stages of commissioning. Shaft 2 is a 10 metre diameter shaft sunk to approximately 1.3 kilometres below the surface. This is a critical piece of infrastructure that will accelerate the underground development of the world class Oyu [...]
The Company will host a conference call and webcast to discuss third quarter financial results on Wednesday, November 13, 2019 at 8:00 am EST/ 5:00 am PDT. The conference call can be accessed through the following dial-in details: North America: +1 416 764 8609 | +1 888 390 0605 International: +1 416 764 8609 The conference call will also be [...]
Turquoise Hill today announced third quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Highlights: Q3's solid operational performance was impacted by a plant shutdown brought forward from October to September, combined with higher than planned feed from the harder Phase 4b ore. Copper production of 28,446 [...]
Turquoise Hill Resources Ltd. received an automatic notice from Nasdaq Stock Market LLC on August 28, 2019 that the Company is no longer in compliance with Nasdaq Rule 5450 because the Company's common shares have failed to maintain a minimum bid price of US$1.00 per share for a period of 30 consecutive business days. In order to regain [...]
Turquoise Hill Resources today announced its financial results for the quarter ended June 30, 2019. All figures are in U.S. dollars unless otherwise stated. "The Oyu Tolgoi open pit mine continued its strong performance through the second quarter of 2019," said Ulf Quellmann, Turquoise Hill's Chief Executive Officer. "Revenue of $382.7 million in [...]
Turquoise Hill Resources will announce its second quarter financial results on Wednesday, July 31, 2019 after markets close in North America. The Company will host a conference call and webcast to discuss second quarter financial results on Thursday, August 1, 2019 at 8:00 am EDT/5:00 am PDT. The conference call can be accessed through the [...]
Hagens Berman Sobol Shapiro LLP alerts investors in Turquoise Hill Resources Ltd. of the Firm's investigation of possible disclosure violations. If you acquired Turquoise Hill securities before July 16, 2019 and suffered losses or have information that may assist the firm's investigation contact Hagens Berman [...]
Turquoise Hill today announced second quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Highlights: Copper production of 39,156 tonnes, a decrease of 0.6% vs Q2 2018 Gold production of 71,825 ounces, an increase of 43.7% vs Q2 2018 Mill throughput increased 2.3% year over year and 12.3% sequentially The [...]