Turquoise Hill Resources Ltd (TRQ.N)
|Market Cap (Mil.):||$6,328.40|
|Shares Outstanding (Mil.):||1,005.81|
MELBOURNE, April 11 - Global miner Rio Tinto's list of assets up for sale has lengthened, with its unit, Turquoise Hill Resources, looking to sell its A$83 million ($87.48 million) majority stake in Ivanhoe Australia.
MELBOURNE, March 1 - Rio Tinto said on Friday it had failed to resolve cost disputes with Mongolia over the $6.2 billion Oyu Tolgoi copper and gold mine in talks this week but the two sides agreed on a temporary budget to keep the mine on track to start producing in June.
Feb 13 - Turquoise Hill Resources Ltd said on Wednesday that it will sell its 50 percent stake in Altynalmas Gold for $300 million, as the miner looks to focus on the development of its massive Oyu Tolgoi copper-gold project in Mongolia.
Jan 30 - Rio Tinto Plc said its Oyu Tolgoi project in Mongolia is on track to reach commercial production in the first half of 2013, countering a media report saying the company was considering a temporary halt to construction work because of political issues.
MELBOURNE, Jan 7 - Ivanhoe Australia Ltd has appointed an executive from Rio Tinto, the junior gold and copper miner's ultimate parent, as its new managing director.