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Mongolian government is dissatisfied with the results of the Definitive Estimate for Oyu Tolgoi. The rules are about to change once again. Uncertainty may weigh on the stock for some weeks, but the parties will have to find a consensus solution. For further details see: ...
A recent global acceleration towards pro-green policies is setting up for very strong copper demand in the decade ahead. USA, China, Europe, UK and parts of Canada are now, for the first time ever, all aligned with leaders strongly supporting green policies. Copper demand is likel...
Gainers: Zomedica (ZOM) +86%.GeoVax Labs (GOVX) +67%.TransEnterix (TRXC) +65%.Sify Technologies (SIFY) +51%.Mesoblast (MESO) +45%.LM Funding America (LMFA) +36%.Aileron Therapeutics (ALRN) +32%.Energous (WATT) +31%.Acasti Pharma (ACST) +30%.Impinj (PI) +29%.Losers: Applied...
Shares of Turquoise Hill Resources (NYSE: TRQ) had tumbled more than 20% by 10:30 p.m. EST on Monday. Weighing on the mining stock was an update on tax arbitration, its discussions with the Government of Mongolia, and a proposed class action against the company. ...
Turquoise Hill Resources ([[TRQ]] -23.3%) shares plummet to their lowest in a month after the miner says Mongolia's government is "dissatisfied" with the results of the Oyu Tolgoi definitive estimate, which was completed and delivered by Rio Tinto ([[RIO]] -3.3%) last month.Turquoise Hill say...
Gainers: Gevo (GEVO) +35%.U.S. Gold (USAU) +8%. PEDEVCO (PED) +6%. Venator Materials (VNTR) +5%. Universal Stainless & Alloy Products (USAP) +5%.Losers: Mammoth Energy Services (TUSK) -8%. Gold Resource (GORO) -7%. Newpark Resources (NR) -...
Turquoise Hill Resources (TRQ) says it is reviewing funding options for its Oyu Tolgoi copper and gold project in Mongolia, including a gold streaming deal, a gold pre-sale transaction and a medium-term debt offering.A streaming deal would involve "a significant up-front payment" to Oyu Tolgo...
Turquoise Hill Provides Update on Funding Plan for Oyu Tolgoi PR Newswire MONTREAL , Dec. 22, 2020 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced that, as contemplated in its announcement on September 10, 2...
Turquoise Hill announces Definitive Estimate Canada NewsWire MONTREAL , Dec. 18, 2020 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") announced the completion and delivery by Rio Tinto of the Definitive Estimate, which refines the analys...
Rio Tinto (RIO) says it expects to achieve sustainable production from its Oyu Tolgoi underground copper project in Mongolia - one of the world's largest known copper and gold deposits - by October 2022.The company says the budget for the first phase of the underground project would come in a...
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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 ...