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Turquoise Hill Resources Ltd. 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 msillusionon Feb 26, 2013 10:56am
110 Views
Post# 21042729

RE: Can Chalco-Rio put Chinese pressure on GOM?

RE: Can Chalco-Rio put Chinese pressure on GOM?

I don't think Chalco will take overt action. When Chalco wanted to buy SouthGob last yeari, an IVN subsidary, Mongolia would not approve the deal. It was cancelled at the end.

Mongolia still sees Russian more favourably.

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