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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: T.TRQ

Metals & Mining Industrial Metals & Minerals
Turquoise Hill Resources Ltd is a global mining company that primarily mines copper, gold, and coal in the Asia-Pacific region. The company holds a 66% interest in Oyu Tolgoi, one of the world's largest copper-gold-silver mines, which ships concentrate to customers in China. Oyu Tolgoi is located in the South Gobi region of Mongolia, approximately 550 km south of the capital, Ulaanbaatar, and 80 km north of the Mongolia-China border. The company also holds interests in companies that mine...


TSX:TRQ - Post by User

Turquoise Hill Resources Ltd.
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Comment by Whatr_udoingon May 13, 2014 12:39am
292 Views
Post# 22553629

RE:RE:RE:Financial results

RE:RE:RE:Financial results

"Oyu Tolgoi achieved its first month of positive operating cash flow in March 2014 as a result of higher revenue in the month."

I suspect things will now remain this way until underground expansion resumes. Positive earnings for the year looks iffy though.
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