VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/13 — Turquoise Hill Resources Ltd. (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today provided an update on the status of discussions with the Government of Mongolia about the development of Oyu Tolgoi following the recent meeting of Oyu Tolgoi LLC-s shareholders and a meeting of the Board of Directors.Turquoise Hill and Rio Tinto continue to have productive discussions with the Government of Mongolia on a range of issues related to the implementatio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/20/13 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today announced that the company-s Board of Directors has accepted the resignation of director Andrew Harding and appointed Jean-Sebastien Jacques to the board. Last week Rio Tinto, Turquoise Hill-s majority shareholder, announced management changes and appointed Mr. Jacques as Chief Executive, Copper and named Mr. Harding Chief Executive, Iron Ore.Mr. Jacques joined Rio Tinto
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/14/13 — A correction from source has been issued for the press release disseminated today at 8:07 AM ET. An incorrect figure was listed in the 2nd paragraph of the press release. The complete and corrected press release follows:Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today provided an update on key elements of Oyu Tolgoi-s development.Phase-One DevelopmentConstruction of the Oyu Tolgoi mine-s first phase of development reac
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/14/13 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today provided an update on key elements of Oyu Tolgoi-s development.Phase-One DevelopmentConstruction of the Oyu Tolgoi mine-s first phase of development reached 99% completion at the end of 2012. Total capital invested in the construction of the first phase of the mine through the end of 2012 was approximately US$6 billion. The final cost of the phase-one capital project is
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/13/13 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today announced that it has signed a binding agreement with Sumeru Gold BV for the sale of the company-s 50% interest in Altynalmas Gold Ltd (Altynalmas) for a total cash consideration of US$300 million. Completion of the proposed transaction is subject to customary closing conditions, including regulatory approvals from the Republic of Kazakhstan-s competent authorities.Altyn
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/31/13 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today announced that Oyu Tolgoi has produced its first copper-gold concentrate. This comes following the processing of first ore through the concentrator in early January 2012.Kay Priestly, Chief Executive Office of Turquoise Hill, said, "Oyu Tolgoi continues to progressively ramp-up the mine and the production of first concentrate is another important milestone. We are m
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) announced that Oyu Tolgoi today celebrated the commissioning of the mine-s concentrator with an event attended by Minister of Mining D. Gankhuyag and other members of the Mongolian Parliament. Minister Gankhuyag commemorated the occasion by activating the concentrator-s ore-processing circuit for the first time.Oyu Tolgoi is expected to process first ore through the concentrat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today announced that Oyu Tolgoi is expected to complete a seven-week commissioning of the mine-s ore-processing equipment the week of December 23. 2012. With the conclusion of the power purchase agreement on November 5, 2012, Oyu Tolgoi began the operations commissioning process. An event marking the milestone will be held at the mine next week, with the Mongolian Prime Minist
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 11/05/12 — Turquoise Hill Resources (NYSE: TRQ)(NASDAQ: TRQ)(TSX: TRQ) today announced that Oyu Tolgoi LLC has signed a binding power purchase agreement with the Inner Mongolia Power Corporation to supply power to the Oyu Tolgoi mine.Kay Priestly, Chief Executive Officer of Turquoise Hill, said, "Finalization of the power purchase agreement will enable Oyu Tolgoi to complete commissioning leading to the first production of copper-gold concen
VANCOUVER, CANADA — (Marketwire) — 09/03/12 — Turquoise Hill Resources (TSX: TRQ)(NYSE: TRQ)(NASDAQ: TRQ) today announced the termination of the lock-up agreement entered into with Aluminum Corporation of China Limited ("Chalco") on April 1, 2012 pursuant to which Turquoise Hill agreed to tender its shares in SouthGobi Resources Ltd. (TSX: SGQ)(HK: 1878)into a proportional takeover offer to be made by Chalco for up to 60%, but not less than 56%, of the shares in SouthGobi. After c