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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 Formulatoron Apr 20, 2014 7:03pm
316 Views
Post# 22470881

RE:Cease All Exploration...

RE:Cease All Exploration...
This news release affects the central area only.  We send all our stuff south to the chinese border.   in addition, see OT's investment in roads below.....

Upgrading the road from Oyu Tolgoi to Gashuun Sukhait to meet Mongolian National Highway paved road standards for copper concentrate deliveries to be made to the border
  • Investing 3.4 billion MNT in the defining and gravelling of the primary road network for Khanbogd soum centre.
  • Improving and maintaining a road from Oyu Tolgoi to Khanbogd soum centre.
  • Investing 600 million MNT in the defining and gravelling of the Oyu Tolgoi to Manlai road.

We do not send our stuff north to the capital.  I wonder who operates in that region, those companies will be affected by this.
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