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Turquoise Hill Resources Ltd (TRQ.TO)

TRQ.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oyu Tolgoi Receives Tax Act From Mongolian Tax Authority​
Tuesday, 16 Jan 2018 

Jan 15 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL RESOURCES LTD - ‍OYU TOLGOI LLC RECEIVED, IS EVALUATING, A TAX ACT FOR APPROXIMATELY US$155 MILLION FROM MONGOLIAN TAX AUTHORITY​.TURQUOISE HILL - ‍OYU TOLGOI RECEIVED TAX ACT FROM MONGOLIAN TAX AUTHORITY RELATING TO AUDIT ON TAXES IMPOSED,PAID BY OYU TOLGOI BETWEEN 2013 AND 2015​.  Full Article

Turquoise Hill Announces Fourth Quarter 2017 Production
Tuesday, 16 Jan 2018 

Jan 15 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL RESOURCES LTD - ‍OYU TOLGOI MEETS 2017 PRODUCTION GUIDANCE​.TURQUOISE HILL RESOURCES - ‍OYU TOLGOI EXPECTED TO PRODUCE 125,000-155,000 TONNES OF COPPER; 240,000-280,000 OUNCES OF GOLD IN CONCENTRATES FOR 2018​.TURQUOISE HILL RESOURCES LTD - ‍MATERIAL MINED IN Q4'17 INCREASED 5.3% OVER Q3'17 AND ORE TREATED INCREASED 2.1% OVER Q3'17 FOR OYU TOLGOI​.TURQUOISE HILL RESOURCES LTD - ‍COPPER PRODUCTION IN Q4'17 INCREASED 22.8% COMPARED TO Q3'17 FOR OYU TOLGOI​.TURQUOISE HILL RESOURCES LTD - ‍GOLD PRODUCTION IN Q4'17 INCREASED 12.9% OVER Q3'17 FOR OYU TOLGOI​.  Full Article

Turquoise Hill Announces 2018 Production And Financial Guidance
Tuesday, 5 Dec 2017 

Dec 4 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL ANNOUNCES 2018 PRODUCTION AND FINANCIAL GUIDANCE.TURQUOISE HILL RESOURCES - OYU TOLGOI IS EXPECTED TO PRODUCE 125,000 TO 155,000 TONNES OF COPPER & 240,000 TO 280,000 OUNCES OF GOLD IN CONCENTRATES FOR 2018.TURQUOISE HILL RESOURCES LTD - OPERATING CASH COSTS FOR 2018 ARE EXPECTED TO BE APPROXIMATELY $700 MILLION.TURQUOISE HILL RESOURCES LTD - CAPITAL EXPENDITURES FOR 2018 ON A CASH-BASIS ARE EXPECTED TO BE APPROXIMATELY $150 MILLION FOR OPEN-PIT OPERATIONS.TURQUOISE HILL RESOURCES LTD - CAPITAL EXPENDITURES FOR 2018 ON A CASH-BASIS ARE EXPECTED TO $1.1 BILLION TO $1.2 BILLION FOR UNDERGROUND DEVELOPMENT.  Full Article

Turquoise Hill Resources Q3 results
Friday, 3 Nov 2017 

Nov 2 (Reuters) - Turquoise Hill Resources Ltd :Q3 revenue $246.9 million versus I/B/E/S view $243.1 million.Q3 earnings per share $0.03.Q3 earnings per share view $-0.00 -- Thomson Reuters I/B/E/S.  Full Article

Turquoise Hill Resources says Oyu Tolgoi to produce 130,000-160,000 tonnes of copper in concentrates for 2017​
Tuesday, 17 Oct 2017 

Oct 16 (Reuters) - Turquoise Hill Resources Ltd :Turquoise Hill Resources-Oyu Tolgoi is expected to produce 130,000-160,000 tonnes of copper & 100,000-140,000 ounces of gold in concentrates for 2017​.Turquoise Hill Resources Ltd - ‍copper production in Oyu Tolgoi for quarter was in-line with Q2 while gold production increased almost 30% ​.  Full Article

Turquoise Hill announces disposal of shares of SouthGobi Resources
Friday, 23 Sep 2016 

Turquoise Hill Resources Ltd : Disposed 375,000 common shares of SouthGobi Resources Ltd on September 22, 2016 at an average price of CDN$0.2780 per share . Turquoise Hill announces disposal of shares of SouthGobi Resources .Owns approximately 9.9198% of SouthGobi's issued and outstanding common shares.  Full Article

Turquoise Hill Resources-qtrly revenue $329.7 mln vs $421.3 mln
Wednesday, 3 Aug 2016 

Turquoise Hill Resources Ltd : Turquoise Hill announces financial results and review of operations for the second quarter 2016 . Q2 earnings per share $0.01 . Q2 earnings per share view $0.00 -- Thomson Reuters I/B/E/S . Gold production in Q2'16 declined approximately 52% over Q1'16 . Qtrly revenue $329.7 million versus $421.3 million . Q2 revenue view $316.1 million -- Thomson Reuters I/B/E/S .Qtrly copper production in Q2'16 declined 10.3% over Q1'16.  Full Article

Turquoise Hill Resources announces Q2 production for Oyu Tolgoi mine
Tuesday, 19 Jul 2016 

Turquoise Hill Resources Ltd : Continues to expect Oyu Tolgoi to produce 175,000 to 195,000 tonnes of copper in concentrates for 2016 . Continues to expect Oyu Tolgoi to produce 255,000 to 285,000 ounces of gold in concentrates for 2016 . Copper production in Q2'16 declined 10.3% over Q1'16 . Gold production in Q2'16 declined approximately 52% over Q1'16 . Turquoise Hill announces second quarter 2016 production .In second half of 2016, lower gold production is expected as mining occurs in areas with reduced grades.  Full Article

SouthGobi Resources updates on Turquoise Hill Resources Ltd shareholder loans<1878.HK>
Monday, 16 May 2016 

SouthGobi Resources Ltd <1878.HK>: S-update on Turquoise Hill Resources Ltd shareholder loan and short-term bridge loan <1878.HK> . On may 16, 2016, company and Turquoise Hill Resources Ltd entered into a deferral agreement . Loan granted by Turquoise Hill with an outstanding loan principal of US$3.4 million .  Full Article

Rio Tinto approves $5.3 bln Oyu Tolgoi copper expansion in Mongolia
Friday, 6 May 2016 

Rio Tinto Plc : Approves development of Oyu Tolgoi underground mine . Development of underground mine will start in mid-2016 following approval of a $5.3 billion investment by partners and recent granting of all necessary permits . First production from underground, which has an average copper grade of 1.66 per cent, more than three times higher than open pit, is expected in 2020 . Mine also benefits from significant gold by-products, with an average gold grade of 0.35 grams per tonne . Expansion provides an attractive investment for all shareholders with an expected internal rate of return of more than 20 per cent. . When underground is fully ramped up in 2027, Oyu Tolgoi is expected to produce more than 500,000 tonnes of copper a year . Parties have agreed a senior debt cap of $6 billion for project financing agreement, providing option for $1.6 billion of supplemental senior debt .Oyu Tolgoi is expected to produce 560,000 tonnes of copper a year, on average, between 2025 and 2030.  Full Article

METALS-Shanghai aluminium, lead climb on smog alerts

(Adds change to Jiyuan alert, inventory data; updates prices) BEIJING, Jan 19 Shanghai aluminium prices rose on Friday, buoyed by the first acceleration in China's GDP growth in seven years and by a pollution alert in a major industrial province. The climb came even as the country's output of the metal on Thursday posted a surprise jump for December. "GDP, industrial production and fixed asset investment all recorded strong growth," ANZ wrote in a note on Friday about th