|Bid||0.5878 x 2200|
|Ask||0.5899 x 900|
|Day's Range||0.5700 - 0.6200|
|52 Week Range||0.4000 - 2.1700|
|Beta (3Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.00|
Rio Tinto faces renegotiating the terms of an agreement underpinning its Mongolian copper mine project, after lawmakers on Thursday approved plans to revise the deal to make it more beneficial for Mongolia. The Oyu Tolgoi mine, Mongolia's biggest foreign investment project, has already been subject to delays and ballooning costs, leaving Mongolian lawmakers impatient for income, while Rio Tinto says it has invested billions. Rio Tinto-owned Turquoise Hill Resources has a 66% stake in the multi-billion-dollar project and the Mongolian state owns 34%, with investment terms agreed in 2015 in a deal known as the Dubai Agreement.
MONTREAL , Nov. 19, 2019 /CNW/ - Turquoise Hill Resources (TRQ) today notes Administrative Court proceedings in Mongolia with regard to a lawsuit initiated by the Darkhan Mongol Nogoon Negdel Non-Governmental Organization (NGO) relating to the Government of Mongolia's process in finalising the Oyu Tolgoi Underground Mine Development and Financing Plan (UDP). Early reports suggest the Administrative Court of first instance has upheld claims by the NGO that due process was not followed by the Government of Mongolia in finalising the UDP, although the Court's formal written ruling is expected to be released only in the coming weeks. Adherence to the principles of the Investment Agreement, ARSHA and the Underground Plan has allowed for the development of the Oyu Tolgoi mine in a manner that has given rise to significant long-term benefits to the people of Mongolia .
Turquoise Hill Resources today announced its financial results for the period ended September 30, 2019 . All figures are in U.S. dollars unless otherwise stated. MONTREAL , Nov. 12, 2019 /CNW/ - "Operationally, ...
VANCOUVER, Nov. 4, 2019 /CNW/ - Turquoise Hill Resources is pleased to announce that Shaft 2 construction is complete and has entered into the final stages of commissioning. This is a critical piece of infrastructure that will accelerate the underground development of the world class Oyu Tolgoi mine. The 48 tonne capacity cage can now be used to support logistics, transporting supplies and components for development of the mine.
Every investor on earth makes bad calls sometimes. But you have a problem if you face massive losses more than once in...
MONTREAL , Oct. 30, 2019 /CNW/ - The Company will host a conference call and webcast to discuss third quarter financial results on Wednesday, November 13, 2019 at 8:00 am EST / 5:00 am PDT . The conference ...
VANCOUVER , Oct. 15, 2019 /CNW/ - Turquoise Hill today announced third quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Highlights: Q3's solid operational performance ...
VANCOUVER, Sept. 4, 2019 /CNW/ - Turquoise Hill Resources Ltd. (the "Company") (NASDAQ:TRQ - News) received an automatic notice from Nasdaq Stock Market LLC ("Nasdaq") on August 28, 2019 that the Company is no longer in compliance with Nasdaq Rule 5450(a)(1) because the Company's common shares have failed to maintain a minimum bid price of US$1.00 per share for a period of 30 consecutive business days. In order to regain compliance, the Company's common shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days.
Turquoise Hill Resources today announced its financial results for the quarter ended June 30, 2019 . All figures are in U.S. dollars unless otherwise stated. VANCOUVER , July 31, 2019 /CNW/ - "The ...
VANCOUVER , July 25, 2019 /CNW/ - Turquoise Hill Resources will announce its second quarter financial results on Wednesday, July 31, 2019 after markets close in North America . The Company will host a ...
The copper and gold miner reported solid second-quarter 2019 production results, but announced mounting challenges at an important growth asset.
VANCOUVER, July 15, 2019 /CNW/ - Turquoise Hill today announced second quarter 2019 production for Oyu Tolgoi and provided an update on underground development. Copper and gold grades are expected to decline over the remainder of the year as Oyu Tolgoi processes a higher proportion of Phase 4B and Phase 6 ore, but the company is well positioned to meet its 2019 copper and gold production guidance.
VANCOUVER , July 10, 2019 /CNW/ - Turquoise Hill Resources today announced that the Company's Board of Directors has accepted the resignation of director Dr. James Gill "Jim has served on the Turquoise ...
Ms. Dudley has 25 years of experience in the mining industry. For the past nine years she has been a key member of the Oyu Tolgoi technical team that manages the development of the world-scale Oyu Tolgoi copper-gold mine in Mongolia in consultation with Turquoise Hill. Most recently she led Oyu Tolgoi's 30-person Strategic Mine and Resources Planning unit.
VANCOUVER , May 15, 2019 /CNW/ - Turquoise Hill Resources today announced its financial results for the quarter ended March 31, 2019 . All figures are in U.S. dollars unless otherwise stated. "Oyu ...
Please replace the release dated May 14, 2019 with the following corrected version due to multiple revisions.
A large proportion of the minority shareholders in Rio Tinto Plc-controlled Turquoise Hill Resources voted against the re-election of the company's independent directors on Tuesday. While all seven directors were re-elected to the board, according to a Turquoise Hill filing, over 40% of Turquoise Hill's minority shareholders, including its second-biggest investor, Sailingstone Capital Partners, voted against the four independent directors. Turquoise Hill owns 66% of the Oyu Tolgoi copper mine in Mongolia, which is operated by Rio Tinto and expected to become one of the mining giant's most lucrative properties.
VANCOUVER , May 14, 2019 /CNW/ - Turquoise Hill Resources today announced that the nominees set forth in its management proxy circular dated March 13, 2019 were elected as directors of Turquoise Hill Resources. ...
VANCOUVER, May 7, 2019 /CNW/ - Turquoise Hill Resources Ltd. ("Turquoise Hill") (TRQ: TSX, NYSE, NASDAQ) today provided an update on a Mongolian Parliamentary Working Group Report (the "PWG Report") regarding certain contractual agreements with the Government of Mongolia that underpin Turquoise Hill's investment in the Oyu Tolgoi copper-gold mine. On May 3, 2019, a summary of the PWG Report was received by our 66%-owned Mongolian subsidiary, Oyu Tolgoi LLC, which in turn owns the Oyu Tolgoi mine. Yesterday, Oyu Tolgoi LLC provided the Economic Standing Committee ("ESC") with a written response to the summary of the PWG Report.