Turquoise Hill Resources will announce its fourth quarter and full year 2018 financial results on Thursday, March 14, 2019 after markets close in North America. The Company will host a conference call and webcast to discuss fourth quarter and full year 2018 financial results on Friday, March 15, 2019 at 9:00 am EDT/6:00 am PDT. The conference call [...]
Turquoise Hill Resources today announced 2019 financial guidance and provided an update on underground development. The Company previously announced 2019 operational guidance. Operating cash costs for 2019 are expected to be $800 million to $850 million. C1 cash costs are expected to be $1.75 to $1.95 per pound of copper produced. Unit cost [...]
Turquoise Hill Resources today announced fourth quarter 2018 production for Oyu Tolgoi as well as operational guidance for 2019. Highlights Exceeded full-year production guidance for both copper and gold by 2.6% and 1.8% respectively Full year copper production of 159,100 tonnes, up 1.1% on 2017 Full year gold production of 285,000 ounces, up [...]
Turquoise Hill today announced that management will attend the TD Securities Mining Conference in Toronto, Ontario. Ulf Quellmann, CEO, will be presenting on Thursday, January 17, 2019 at 11:50 a.m. ET. Turquoise Hill’s presentation for the conference will be posted on the Company’s website on January 17, 2019. About Turquoise Hill [...]
Turquoise Hill Resources today announced the signing of the Power Source Framework Agreement between Oyu Tolgoi and the Government of Mongolia , which provides a binding framework and pathway forward for the construction of a Tavan Tolgoi-based power project, as well as establishes the basis for a long-term domestic power solution for the mine. Ulf [...]
Turquoise Hill Resources today announced its financial results for the quarter ended September 30, 2018. All figures are in U.S. dollars unless otherwise stated. “During the third quarter, we delivered strong operational results in the open-pit mine, continued to progress underground construction while achieving industry-leading safety [...]
Turquoise Hill Resources will announce its third quarter 2018 financial results on Thursday, November 1, 2018 after markets close in North America. The Company will host a conference call and webcast to discuss third quarter results on Friday, November 2, 2018 at 9:00 am EDT/6:00 am PDT. The conference call can be accessed through the following [...]
Turquoise Hill Resources today announced third quarter 2018 production for Oyu Tolgoi and provided an update on underground development. Ulf Quellmann, Chief Executive Officer of Turquoise Hill, said, “We continued to see the impact of higher gold grades during the third quarter as Oyu Tolgoi processed increasing amounts of Phase 4 ore. We [...]
Turquoise Hill Resources today announced the appointment of Alan Chirgwin to the Company’s Board of Directors effective September 6, 2018. In welcoming Mr. Chirgwin to the Company’s board, Turquoise Hill Chairman Peter Gillin said, “Alan’s appointment further enhances the board’s subject matter expertise through his [...]
VANCOUVER, British Columbia, July 31, 2018 -- Turquoise Hill Resources today announced its financial results for the quarter ended June 30, 2018. All figures are in U.S. dollars unless otherwise stated. HIGHLIGHTS Oyu Tolgoi achieved a strong All Injury Frequency Rate of 0.19 per 200,000 hours worked for the six months ended June 30, 2018 [...]
SAN FRANCISCO, July 31, 2018 /CNW/ -- SAILINGSTONE CAPITAL PARTNERS notes the appointment of Ulf Quellman as the new Chief Executive Officer of Turquoise Hill Resources and welcomes the significant improvements that have been made to both the CEO's contract structure and the associated compensation package. However, SailingStone remains concerned [...]
VANCOUVER, British Columbia, July 30, 2018 -- The Turquoise Hill Resources Board of Directors today announced the appointment of Ulf Quellmann as Chief Executive Officer effective August 1, 2018. Mr. Quellmann is a seasoned executive with extensive knowledge of Oyu Tolgoi and more than 20 years’ experience in corporate finance, strategy [...]
