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Turquoise Hill Resources Ltd (TRQ.TO)

TRQ.TO on Toronto Stock Exchange

0.79CAD
6 Dec 2019
Change (% chg)

$0.03 (+3.95%)
Prev Close
$0.76
Open
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$0.74
Volume
1,734,188
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837,505
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$2.84
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Latest Key Developments (Source: Significant Developments)

Turquoise Hill Resources Q3 Earnings Per Share $0.04
Wednesday, 13 Nov 2019 

Turquoise Hill Resources Ltd ::Q3 REVENUE $209.2 MILLION VERSUS REFINITIV IBES ESTIMATE OF $215.3 MILLION.Q3 EARNINGS PER SHARE $0.04.Q3 EARNINGS PER SHARE ESTIMATE $0.00 -- REFINITIV IBES DATA.2019 OPERATIONAL GUIDANCE FOR GOLD IN CONCENTRATES HAS INCREASED TO 240,000 OUNCES FROM 230,000 OUNCES.OPERATING CASH COST EXPECTATIONS FOR 2019 HAVE DECREASED TO APPROXIMATELY $800 MILLION.2019 C1 CASH COSTS ARE NOW EXPECTED TO BE BETWEEN $1.50 TO $1.70 PER POUND OF COPPER.  Full Article

Turquoise Hill Resources Reports Qtrly Oyu Tolgoi Gold Production Of 25,607 Ounces, Down 66.8%
Wednesday, 16 Oct 2019 

Oct 15 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL ANNOUNCES THIRD QUARTER 2019 PRODUCTION RESULTS AND PROVIDES UNDERGROUND DEVELOPMENT UPDATE.TURQUOISE HILL RESOURCES LTD - QTRLY OPERATIONAL PERFORMANCE WAS IMPACTED BY A PLANT SHUTDOWN BROUGHT FORWARD FROM OCTOBER TO SEPTEMBER.TURQUOISE HILL RESOURCES LTD - ON TRACK TO ACHIEVE 2019 COPPER AND GOLD PRODUCTION GUIDANCE FOR OYU TOLGOI.TURQUOISE HILL RESOURCES LTD - QTRLY MILL THROUGHPUT INCREASED 4% YEAR OVER YEAR FOR OYU TOLGOI.TURQUOISE HILL RESOURCES - QTRLY OYU TOLGOI COPPER PRODUCTION OF 28,446 TONNES, DOWN 27.8%.TURQUOISE HILL RESOURCES - QTRLY OYU TOLGOI GOLD PRODUCTION OF 25,607 OUNCES, DOWN 66.8%.TURQUOISE HILL RESOURCES - Q3 ALSO IMPACTED BY HIGHER THAN PLANNED FEED FROM HARDER PHASE 4B ORE.  Full Article

Turquoise Hill Resources Ltd - Loss In Q2 Was $736.7 Million Compared With Income Of $204.4 Million In Q2’18
Thursday, 1 Aug 2019 

July 31 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL RESOURCES LTD - LOSS IN Q2’19 WAS $736.7 MILLION COMPARED WITH INCOME OF $204.4 MILLION IN Q2’18..TURQUOISE HILL RESOURCES LTD - IMPAIRMENT CHARGE OF $0.6 BILLION RECORDED IN Q2’19.TURQUOISE HILL RESOURCES LTD - REVENUE OF $382.7 MILLION IN Q2’19 IS AN INCREASE OF 12%.TURQUOISE HILL RESOURCES LTD - QTRLY COPPER AND GOLD PRODUCTION WERE ESSENTIALLY FLAT AND UP 44% OVER Q2’18 RESPECTIVELY.TURQUOISE HILL RESOURCES LTD - QTRLY LOSS PER SHARE $0.22.  Full Article

Turquoise Hill Will Need Incremental Funding To Sustain Underground Development Of Oyu Tolgoi Mine Beyond 2020 -CEO
Tuesday, 30 Jul 2019 

Aug 1 (Reuters) - Turquoise Hill ::WILL NEED INCREMENTAL FUNDING TO SUSTAIN UNDERGROUND DEVELOPMENT OF OYU TOLGOI MINE BEYOND 2020 -CEO ULF QUELLMAN.HAS ENGAGED EXTERNAL ADVISORS TO CONSIDER ALL AVAILABLE FUNDING ALTERNATIVES-CEO.  Full Article

Turquoise Hill Announces Second Quarter 2019 Production Results And Provides Underground Development Update
Tuesday, 16 Jul 2019 

July 15 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL ANNOUNCES SECOND QUARTER 2019 PRODUCTION RESULTS AND PROVIDES UNDERGROUND DEVELOPMENT UPDATE.TURQUOISE HILL RESOURCES LTD QTRLY COPPER PRODUCTION OF 39,156 TONNES AT OYU TOLGOI, A DECREASE OF 0.6% VERSUS Q2 2018.TURQUOISE HILL RESOURCES LTD QTRLY GOLD PRODUCTION OF 71,825 OUNCES AT OYU TOLGOI, AN INCREASE OF 43.7% VERSUS Q2 2018.TURQUOISE HILL RESOURCES LTD - COMPANY IS WELL POSITIONED TO MEET ITS 2019 COPPER AND GOLD PRODUCTION GUIDANCE AT OYU TOLGOI.  Full Article

Turquoise Hill Resources Q1 Earnings Per Share $0.06
Thursday, 16 May 2019 

May 15 (Reuters) - Turquoise Hill Resources Ltd ::Q1 REVENUE $352.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF $329.3 MILLION.Q1 EARNINGS PER SHARE $0.06.Q1 EARNINGS PER SHARE ESTIMATE $0.02 -- REFINITIV IBES DATA.REMAIN ON TRACK TO ACHIEVE OUR FULL-YEAR 2019 PRODUCTION GUIDANCE.OYU TOLGOI HAS MADE A STRONG START TO 2019.SHAFT 2 IS NOW EXPECTED TO BE COMPLETED BY END OF OCTOBER 2019..FOR Q1'19, OYU TOLGOI'S COST OF SALES WAS $1.99 PER POUND OF COPPER SOLD.DURING Q1'19, OYU TOLGOI PRODUCED 45,800 TONNES OF COPPER AND 120,000 OUNCES OF GOLD.  Full Article

Temasek Holdings (Private) Ltd Takes In Microsoft Corp; Cuts In Centurylink
Wednesday, 15 May 2019 

May 15 (Reuters) - Temasek Holdings (Private) Ltd :TEMASEK HOLDINGS (PRIVATE) LTD TAKES SHARE STAKE OF 19,536 SHARES IN MICROSOFT CORP.TEMASEK HOLDINGS (PRIVATE) LTD CUTS SHARE STAKE IN CENTURYLINK INC BY 21.1 PERCENT TO 97.3 MILLION SHARES.TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN ANTERO RESOURCES CORP.TEMASEK HOLDINGS (PRIVATE) LTD UPS SHARE STAKE IN ALTERYX INC BY 23.5 PERCENT TO 13,506 CLASS A COMMON SHARES.TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN REGENERON PHARMACEUTICALS INC.TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN CTRIP COM INTERNATIONAL LTD.TEMASEK HOLDINGS (PRIVATE) LTD DISSOLVES SHARE STAKE IN TURQUOISE HILL RESOURCES LTD.TEMASEK HOLDINGS (PRIVATE) LTD - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2019 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DECEMBER 31, 2018.  Full Article

Turquoise Hill Resources Reports Oyu Tolgoi Q1 Gold Output Of 120,000 Ounces, Up 187.6% On Q1 2018
Tuesday, 16 Apr 2019 

April 15 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL ANNOUNCES FIRST QUARTER 2019 PRODUCTION AND PROVIDES UNDERGROUND DEVELOPMENT UPDATE.TURQUOISE HILL RESOURCES LTD - OYU TOLGOI QTRLY COPPER PRODUCTION OF 45,800 TONNES, UP 18.2% ON Q1 2018.TURQUOISE HILL RESOURCES LTD - OYU TOLGOI QTRLY GOLD PRODUCTION OF 120,000 OUNCES, UP 187.6% ON Q1 2018.TURQUOISE HILL RESOURCES LTD - OYU TOLGOI ON TRACK TO ACHIEVE 2019 COPPER AND GOLD PRODUCTION GUIDANCE.TURQUOISE HILL RESOURCES - RIO TINTO HAS ADVISED THAT IT HAS COMPLETED A REVIEW OF FIT-OUT AND COMMISSIONING ISSUES AT SHAFT 2 AT OYU TOLGOI.TURQUOISE HILL RESOURCES LTD - RIO TINTO NOW EXPECTS SHAFT 2 AT OYU TOLGOI TO BE COMPLETED BY END OF OCTOBER 2019.  Full Article

Turquoise Hill Announces 2019 Financial Guidance
Wednesday, 27 Feb 2019 

Feb 27 (Reuters) - Turquoise Hill Resources Ltd ::TURQUOISE HILL ANNOUNCES 2019 FINANCIAL GUIDANCE AND PROVIDES UNDERGROUND DEVELOPMENT UPDATE.OPERATING CASH COSTS FOR 2019 ARE EXPECTED TO BE $800 MILLION TO $850 MILLION.TURQUOISE HILL RESOURCES - CAPITAL EXPENDITURES FOR 2019 ON A CASH-BASIS ARE EXPECTED TO BE $150 MILLION TO $180 MILLION FOR OPEN-PIT OPERATIONS.CAPITAL EXPENDITURES FOR 2019 ON A CASH-BASIS ARE EXPECTED TO BE $1.3 BILLION TO $1.4 BILLION FOR UNDERGROUND DEVELOPMENT.  Full Article

Turquoise Hill Resources Q4 Earnings Per Share $0.03
Friday, 16 Mar 2018 

March 15 (Reuters) - Turquoise Hill Resources Ltd ::Q4 REVENUE $251.7 MILLION VERSUS I/B/E/S VIEW $251.3 MILLION.Q4 EARNINGS PER SHARE $0.03.Q4 EARNINGS PER SHARE VIEW $0.00 -- THOMSON REUTERS I/B/E/S.COPPER PRODUCTION IN Q4'17 INCREASED 22.8% OVER Q3'17 AND GOLD PRODUCTION INCREASED 12.9% COMPARED TO Q3'17.TURQUOISE HILL RESOURCES- ‍OYU TOLGOI EXPECTED TO PRODUCE 125,000 - 155,000 TONNES OF COPPER ,240,000 TO 280,000 OUNCES OF GOLD IN CONCENTRATES IN 2018​.‍PRODUCTION FROM FIRST DRAW BELL REMAINS PLANNED FOR MID-2020 AND SUSTAINABLE FIRST PRODUCTION IN 2021​.‍CAPITAL EXPENDITURES FOR 2018 ON A CASH-BASIS ARE EXPECTED TO BE APPROXIMATELY $150 MILLION FOR OPEN-PIT OPERATIONS​.OPERATING CASH COSTS FOR 2018 ARE EXPECTED TO BE APPROXIMATELY $700 MILLION.TURQUOISE HILL RESOURCES - ‍ CAPEX FOR 2018 ON A CASH-BASIS ARE EXPECTED TO BE APPROXIMATELY $1.1 BILLION TO $1.2 BILLION FOR UNDERGROUND DEVELOPMENT​.‍REVENUE OF $251.7 MILLION IN Q4'17 INCREASED 1.9% OVER Q3'17​.QTRLY COPPER PRODUCTION IN CONCENTRATES 45300 TONNES VERSUS 45500 TONNES.QTRLY GOLD PRODUCTION IN CONCENTRATES 35,000 OUNCES VERSUS 49,000 OUNCES‍​.QTRLY SILVER PRODUCTION IN CONCENTRATES 285000 OUNCES VERSUS 273000 OUNCES.  Full Article

Rio Tinto faces having to renegotiate terms of Mongolian copper project

ULAANBAATAR, Nov 21 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.