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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 fruitvale3067on Dec 16, 2020 8:49pm
241 Views
Post# 32125232

RE:News

RE:NewsRadar, 

Reading thru the release one word stuck out that got me thinking. That word is "Sustainable". I'm pretty sure I know what that means once October 2022 gets here. What got me thinking is what aboot the time leading up to "sustainable" production. It's going to take TRQ 3 years just to ramp up to full production once achieving sustainable production. 

We already know the open pit is going to have it's best year in 2021. 2022 it is supposed to fall back to similar numbers as 2020. I'm just curious as to how much might be cotributed from the underground as they build towards this sustainable production numbers. I'm pretty sure there is going to be a ramp-up period to sustainable production also.

Just another thing to watch out for as things move forward.  
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