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TRQ - Turquoise Hill set to pop after strong Q1 at Oyu Tolgoi
Turquoise Hill Resources Ltd.
Turquoise Hill Resources (NYSE:TRQ) +9.4% pre-market after reporting better than expected Q1 earnings and a 43% Y/Y rise in revenues to $353M, primarily reflecting the significant increase in gold production as Oyu Tolgoi benefited from the processing of Phase 4 ore that contained higher gold content.
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