Turquoise Hill Resources Ltd. acknowledges the receipt today of an improved non-binding proposal from Rio Tinto International Holdings Ltd. , to acquire all of the outstanding common shares of the Company it does not own for cash consideration of C$40 per share . Rio Tinto has stated that the New Rio Tinto Proposal is conditional on, among other [...]
Turquoise Hill Resources Ltd. , following the August 15th, 2022 decision of its Special Committee of independent directors regarding the privatization proposal received from Rio Tinto International Holdings Limited , today provided an update on operational and corporate developments in its business in all material respects. Updated Integrated Mine [...]
Second Open Letter to TRQ Independent Directors Focuses on Unjust Business Dealings by Rio Tinto and Long-Time Concerns of Minority Owners HOUSTON, Aug. 16, 2022 /PRNewswire/ -- SailingStone Capital Partners, a long-time owner of Turquoise Hill Resources Ltd. , has delivered the attached letter to the Turquoise Hill Independent Directors: As a Tier [...]
The Special Committee of independent directors of Turquoise Hill Resources Ltd. reports that it has advised Rio Tinto International Holdings Limited that the Special Committee is terminating its review and consideration of Rio Tinto's proposal to acquire all of the outstanding common shares of the Company it does not own for cash consideration of [...]
Turquoise Hill Resources Ltd. today announced its financial results for the period ended June 30, 2022. All figures are in U.S. dollars unless otherwise stated. "Following the First Quarter inflection points of renewing our partnership with the Government of Mongolia and blasting the undercut of the Oyu Tolgoi underground mine, we have continued to [...]
Turquoise Hill Resources Ltd. will announce its second quarter financial results on Thursday, August 4, 2022 after markets close in North America. The Company will host a conference call and webcast to discuss second quarter financial results on Friday, August 5, 2022 at 8:00 am EST / 5:00 am PDT. The conference call can be accessed through the [...]
Turquoise Hill Resources Ltd. today announced second quarter 2022 production and provided an Oyu Tolgoi mine and corporate update. Q2 2022 Highlights Copper production guidance for 2022 remains within the range of 110,000 to 150,000 tonnes while 2022 gold production guidance has been revised from a range of 135,000 - 165,000 ounces to 150,000 [...]
Turquoise Hill Resources Ltd. today announced that the first drawbell of the Hugo North underground mine at Oyu Tolgoi is scheduled to be fired on 17 June 2022. This is ahead of expectations and represents continued progress in terms of caving related milestones. The Company is assessing any net positive impact that this may have on timing of [...]
TSX to host market open ceremony on June 7 to celebrate the launch Toronto Stock Exchange announced today the launch of the S&P/TSX Battery Metals Index. The new index measures the performance of TSX and TSX Venture Exchange listed companies that are focused on the production and exploration of select metals, which are significant inputs in the [...]
Turquoise Hill Resources Ltd. today announced that it has received a notice of arbitration from Entrée Resources Ltd. in connection with the Earn-in Agreement with Entrée. The Company disputes the characterizations made by Entrée in its news release dated May 26, 2022 announcing the initiation of arbitration proceedings. Turquoise Hill has been in [...]
Turquoise Hill Resources Ltd. today announced that the Company and Rio Tinto International Holdings Limited have agreed to amend the comprehensive funding arrangement to, among other things, provide interim debt funding from Rio Tinto to address the Company's near-term estimated funding requirements and to extend the date by which Turquoise Hill is [...]
Turquoise Hill Resources Ltd. today announced that the nominees set forth in its management proxy circular dated March 30, 2022 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 11, 2022, are set out below. Election of [...]
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