TRQ:CC News and Press, Turquoise Hill Resources Ltd. From 09/09/22

Turquoise Hill ( NYSE: TRQ ) holder Pentwater Capital said it doesn't support Rio Tinto's C$43/share planned acquisition of the miner and that it  "significantly undervalues" the common shares. Pentwater is evaluating its legal alternatives with respect of Turquoise H...

Rio Tinto ( NYSE: RIO ) must face an investor lawsuit accusing it of concealing delays and huge cost overruns at the Oyu Tolgoi copper and gold mine in Mongolia owned by Turquoise Hill Resources ( NYSE: TRQ ), a U.S. District Court judge ruled Tuesday, according to Reu...

Summary Rio Tinto signed a material definitive agreement to acquire an additional 15% of outstanding shares of Turquoise Hill Resources. The deal type and state of the negotiations are indicating the odds of a successful close are high. There is still 6.5% upside to the deal p...

Canadian equities turned positive on Friday after falling for five consecutive sessions. The S&P/TSX Composite Index rose by 128 points, or 0.7%, ahead of the long Labour Day weekend to settle at 19,271. An intraday recovery in commodity prices drove energy and metal mining ...

Mining giant Rio Tinto ( NYSE: RIO ) to acquire all of the remaining shares of Turquoise Hill Resources ( NYSE: TRQ ) with that company’s board unanimously recommending the C$43 per share cash offer. Rio Tinto said on Tuesday tha...

Turquoise Hill Resources Ltd. (“Turquoise Hill” or the “Company”) (TSX: TRQ) (NYSE: TRQ) announced today that, based on the unanimous recommendation of an independent special committee of its board of directors (the “Special Committee”), it has ...

Rio Tinto's ( NYSE: RIO ) increased C$43/share deal to buy the remainder of Turquoise Hill ( NYSE: TRQ ) it doesn't already own is likely to win shareholder approval, according to Canaccord. "The offer price is in line with both our target price as well as preced...

U.S. equities fell Thursday, the first day of September, as traders continued to fret over the potential for higher Federal Reserve rates. The Dow Jones Industrials came off their lows of the morning, remained behind breakeven, however, by 134.53 points to reach noon hour at 31,375.90. ...

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”), today announced that it has reached an agreement in principle and entered into a term sheet with Rio Tinto International Holdings Ltd. ("Rio Tinto") in respect of a tran...

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) ("Turquoise Hill" or the "Company") acknowledges the receipt today of an improved non-binding proposal from Rio Tinto International Holdings Ltd. ("Rio Tinto"), to acquire all of the outstanding common shares of the Company it does no...