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Rio Tinto (NYSE: RIO ) -1.2% pre-market after saying the estimated cost of its giant Oyu Tolgoi copper and gold mine in Mongolia could blow out by $1.9B and the project may be delayed by as much as two and a half years. More news on: Rio Tinto Group, Turquoise Hill Resources Ltd., Comm...
VANCOUVER , July 15, 2019 /PRNewswire/ - 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,...
Turquoise Hill announces the resignation of director Dr. James Gill Canada NewsWire VANCOUVER, July 10, 2019 VANCOUVER , July 10, 2019 /CNW/ - Turquoise Hill Resources today announced that the Company's Board of Directors has accepted the resignation of director Dr. Jame...
Freeport McMoRan ( FCX -3.1% ) and other base metal producers fall sharply as copper prices tumble to a three-week low under pressure from a stronger dollar even with trade talks resuming between the U.S. and China, settling -1.2% to $5,822/oz. on the London Metal Exchange after touchi...
Turquoise Hill appoints Jo-Anne Dudley as Chief Operating Officer Canada NewsWire VANCOUVER, June 3, 2019 VANCOUVER , June 3, 2019 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill") today announced the appointment of Jo-Anne Dudley as Chief Operating Officer, effe...
Gold miners are outperforming other mining and metal names as Comex gold rallies +1.5% to settle at $1,311.10/oz., the highest finish for a most-active contract since April 10, after Pres. Trump threatened to impose tariffs on all Mexican goods imported into the U.S. More news on: SPDR...
The last time I wrote about Turquoise Hill ( TRQ ) was more than 3 years ago . As I am a value investor my conclusion was straightforward; TRQ is a play on copper Many things can go wrong The investment isn't justified at low copper prices Unfortunately for TRQ investors, the ris...
Turquoise Hill Resources ( TRQ ) has recently reported the results for Q1 2019. The company saw a massive improvement in Y/Y copper and gold production and remains on track to achieve full-year production guidance. The declining copper prices limit the potential for growth in TRQ’s re...
Back in April, Turquoise Hill ( TRQ ) announced that the completion of Shaft 2 at Oyu Tolgoi was delayed to the end of October 2019. The news, in combination with U.S. – China trade war fears, put pressure on the stock, which has recently tested new lows. The company’s first qua...
Turquoise Hill Resources Ltd. (TRQ) Q1 2019 Results Conference Call May 16, 2019 09:00 AM ET Company Participants Roy McDowell - Investor Relations Ulf Quellmann - CEO Luke Colton - CFO Conference Call Participants Orest Wowkodaw - Scotiabank Ralph Profiti - Eight Capital...
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Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced the completion of the transactions contemplated by the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon)...
Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced that the Supreme Court of Yukon (the “Court”) has granted the final order (the “Final Order”) in connection with the previously announce...
Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (“Turquoise Hill” or the “Company”) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement ...