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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 Jun 06, 2019 5:14pm
229 Views
Post# 29804004

RE:Turquoise Hill Resources Ltd

RE:Turquoise Hill Resources LtdIDK, maybe one winter in Mongolia is enough? Also likely that the political reality of Resource Nationalism was too much to overcome. Another major issue is the underground development delay. Block caving techinal difficulties or someone's mistake? Being CEO in a hostile environment (GOM) must be very hard when you're caught between an even larger manager (RIO). I think that was Sailingstone's main complaint.
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