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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 petrojellon Mar 11, 2017 6:06pm
358 Views
Post# 25968370

Mongolia-Canada Cooperation .... USD 6.4 Billion....

Mongolia-Canada Cooperation .... USD 6.4 Billion....

March 10, 2017

Ulaanbaatar / The Agreement on Promotion and Protection of Investments between the Governments of Mongolia and Canada has taken effect. This was announced by the officials of both governments during the Prospectors and Developers Association of Canada (PDAC) Conference in Toronto.

Minister of Mining and Heavy Industry of Mongolia Ts.Dashdorj and Canadian Minister for International Trade F.P.Champagne touched upon this matter.

Under the agreement, Canadian investors were negotiated to invest in other sectors than mining, such as agriculture, infrastructure and renewable energy.

The government of Canada has made an investment of USD 6.4 billion to Mongolia in the past two years, according to a statistical report by Canadian agency
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