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Turquoise Hill Resources Ltd. TRQ


Primary Symbol: T.TRQ

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

Comment by Whatr_udoingon Mar 07, 2016 11:40am
164 Views
Post# 24630051

RE:RE:GOM Settles Khan Resources Dispute

RE:RE:GOM Settles Khan Resources DisputeGood point. It's only an agreement and the money has yet to be paid. Plus it's only $70M of the $100M awarded.
"Khan and the Government of Mongolia have signed an agreement whereby in consideration of the payment to Khan of US$70 million on or before May 15, 2016, all outstanding matters pursuant to the international arbitration award received by Khan are resolved and terminated."
KRI is up >50% in Canada,
 
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