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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

Post by TRQforeveron Apr 11, 2014 12:01pm
302 Views
Post# 22440188

APRIL 11 (more)

APRIL 11 (more)
OUR OPINION • Position of Mongolian Government has not changed from previous position as illustrated for example by persistent issue of sunk costs delaying forward-looking project finance • If the such position will remain in OT-related resolution and proposed bill on OT Stage 2 , then there would be no point in OT-related resolution and the bill, as there would be no conclusion to GoM discussions with Rio Tinto, no underground mine and no project finance • Resource nationalist/populist sentiment still strong in Mongolian Parliament
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