A director at Turquoise Hill Resources Ltd bought 350,000 shares at 39.197CAD and the significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last t...
Blip On The Radar, Or A Sign Of Things To Come? Jitters over today's Georgia Senate runoff elections led to mild weakness on the first trading day of the year. As we explain below, this appears to be just a blip on the radar and our bullish outlook remains intact. We continue to view any weakness as a buying opportunity. S&P 500, Nasdaq 100 Above Short-Term Support. Key support levels we are watching on the S&P 500 remain unchanged; short-term support is in the 3630-3645 zone, with the next im...
The independent financial analyst theScreener just lowered the general evaluation of TURQUOISE HILL (CA), active in the General Mining industry. As regards its fundamental valuation, the title still shows 0 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Negative. As of the analysis date October 2, 2020, the closing price was ...
TURQUOISE HILL (US), a company active in the General Mining industry, now shows a lower overall rating. The independent financial analyst theScreener just confirmed the fundamental rating of 3 stars out of 4, as well as the stock market behaviour of the title as moderately risky. However, environmental deterioration penalises the general evaluation, which is downgraded to Neutral. As of the analysis date August 18, 2020, the closing price was USD 0.90 and its expected value was estimated at USD ...
SAN FRANCISCO--(BUSINESS WIRE)-- Please replace the release dated May 14, 2019 with the following corrected version due to multiple revisions. The corrected release reads: SAILINGSTONE CAPITAL RESPONDS TO RESULT OF TURQUOISE HILL SHAREHOLDER VOTE SAILINGSTONE CAPITAL PARTNERS notes the results of the Turquoise Hill (TSX/NYSE: TRQ) AGM today in which no independent director received support from more than 33% of the minority shareholders, and all four received between 40-45% AGAINST despite the recomme...
Turquoise Hill to announce fourth quarter and full year 2018 financial results on March 14, 2019 VANCOUVER, British Columbia, March 07, 2019 (GLOBE NEWSWIRE) -- Turquoise Hill Resources will announce its fourth quarter and full year 2018 financial results on Thursday, March 14, 2019 after markets close in North America. The Company will host a conference call and webcast to discuss fourth quarter and full year 2018 financial results on Friday, March 15, 2019 at 9:00 am EDT/6:00 am PDT. The conference call can be accessed through the following dial-in details: North America: 210 229 8839...
Turquoise Hill announces 2019 financial guidance and provides underground development update VANCOUVER, British Columbia, Feb. 27, 2019 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (TSX:TRQ) (NYSE:TRQ) today announced 2019 financial guidance and provided an update on underground development. The Company previously announced 2019 operational guidance. Operating cash costs for 2019 are expected to be $800 million to $850 million. C1 cash costs are expected to be $1.75 to $1.95 per pound of copper produced. Unit cost guidance assumes the midpoint of expected 2019 copper and gold production...
Turquoise Hill announces fourth quarter 2018 production and 2019 operational guidance Oyu Tolgoi exceeds annual copper and gold production guidance VANCOUVER, British Columbia, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Turquoise Hill Resources today announced fourth quarter 2018 production for Oyu Tolgoi as well as operational guidance for 2019. Highlights Exceeded full-year production guidance for both copper and gold by 2.6% and 1.8% respectivelyFull year copper production of 159,100 tonnes, up 1.1% on 2017Full year gold production of 285,000 ounces, up 150.0% on 2017 Ulf Quellmann, Chief ...
Turquoise Hill to attend upcoming TD Securities Mining conference VANCOUVER, British Columbia, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Turquoise Hill today announced that management will attend the TD Securities Mining Conference in Toronto, Ontario. Ulf Quellmann, CEO, will be presenting on Thursday, January 17, 2019 at 11:50 a.m. ET. Turquoise Hill’s presentation for the conference will be posted on the Company’s website on January 17, 2019. About Turquoise Hill. Turquoise Hill (TRQ: TSX, NYSE, NASDAQ) is an international mining company focused on the operation and further development of t...
Oyu Tolgoi and the Government of Mongolia sign Power Source Framework Agreement for Tavan Tolgoi-based power project VANCOUVER, British Columbia, Dec. 30, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (TSX:TRQ) (NYSE:TRQ) today announced the signing of the Power Source Framework Agreement (PSFA) between Oyu Tolgoi and the Government of Mongolia (Government), which provides a binding framework and pathway forward for the construction of a Tavan Tolgoi-based power project, as well as establishes the basis for a long-term domestic power solution for the mine. Ulf Quellmann, Chief Execut...
Turquoise Hill announces financial results and review of operations for the third quarter of 2018 VANCOUVER, British Columbia, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (TSX:TRQ) (NYSE:TRQ) today announced its financial results for the quarter ended September 30, 2018. All figures are in U.S. dollars unless otherwise stated. “During the third quarter, we delivered strong operational results in the open-pit mine, continued to progress underground construction while achieving industry-leading safety performance,” said Ulf Quellmann, Chief Executive Officer. “The high quali...
Turquoise Hill to announce third quarter financial results on November 1, 2018 VANCOUVER, British Columbia, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) will announce its third quarter 2018 financial results on Thursday, November 1, 2018 after markets close in North America. The Company will host a conference call and webcast to discuss third quarter results on Friday, November 2, 2018 at 9:00 am EDT/6:00 am PDT. The conference call can be accessed through the following dial-in details: North America: 210 229 8839 | 844 815 4964 International: The ...
Turquoise Hill announces third quarter 2018 production and provides underground development update VANCOUVER, British Columbia, Oct. 15, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (Turquoise Hill or the Company) today announced third quarter 2018 production for Oyu Tolgoi and provided an update on underground development. Ulf Quellmann, Chief Executive Officer of Turquoise Hill, said, “We continued to see the impact of higher gold grades during the third quarter as Oyu Tolgoi processed increasing amounts of Phase 4 ore. We are well positioned to meet the upper-end of our 2018 prod...
Turquoise Hill appoints Alan Chirgwin to the Board of Directors VANCOUVER, British Columbia, Sept. 07, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) today announced the appointment of Alan Chirgwin to the Company’s Board of Directors effective September 6, 2018. In welcoming Mr. Chirgwin to the Company’s board, Turquoise Hill Chairman Peter Gillin said, “Alan’s appointment further enhances the board’s subject matter expertise through his extensive commercial background, proven track record in the resources sector and experience, specifically, in the Asia Pacif...
Turquoise Hill announces financial results and review of operations for the second quarter of 2018 VANCOUVER, British Columbia, July 31, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) today announced its financial results for the quarter ended June 30, 2018. All figures are in U.S. dollars unless otherwise stated. HIGHLIGHTS Oyu Tolgoi achieved a strong All Injury Frequency Rate of 0.19 per 200,000 hours worked for the six months ended June 30, 2018. Underground development continued to progress during Q2’18 including the completion of the fully operational expan...
Turquoise Hill appoints Ulf Quellmann CEO VANCOUVER, British Columbia, July 30, 2018 (GLOBE NEWSWIRE) -- The Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) Board of Directors today announced the appointment of Ulf Quellmann as Chief Executive Officer effective August 1, 2018. Mr. Quellmann is a seasoned executive with extensive knowledge of Oyu Tolgoi and more than 20 years’ experience in corporate finance, strategy, treasury and investor relations at General Motors, Alcan and Rio Tinto. Mr. Quellmann was appointed to the Turquoise Hill Board of Directors in May 2017 and will continue to ...
Turquoise Hill to announce second quarter financial results on July 31, 2018 VANCOUVER, British Columbia, July 24, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) will announce its second quarter 2018 financial results on Tuesday, July 31, 2018 after markets close in North America. The Company will host a conference call and webcast to discuss second quarter results on Wednesday, August 1, 2018 at 9:00 am EDT/6:00 am PDT. The conference call can be accessed through the following dial-in details: North America: 210 229 8839 | 844 815 4964 International: The co...
Turquoise Hill announces second quarter 2018 production and completion of Shaft 5 VANCOUVER, B.C., July 16, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) today announced second quarter 2018 production for Oyu Tolgoi as well as the completion of Shaft 5. Luke Colton, interim Chief Executive Officer of Turquoise Hill, said, “During the second quarter, Oyu Tolgoi continued processing Phase 4A ore resulting in improved gold grades, production and recovery. This trend is expected for the remainder of the year. Mill throughput during the quarter benefited from high int...
Turquoise Hill board appoints interim CEO VANCOUVER, B.C., June 27, 2018 (GLOBE NEWSWIRE) -- Turquoise Hill Resources (NYSE:TRQ) (TSX:TRQ) today announced the Company’s Board of Directors has appointed Chief Financial Officer Luke Colton to the additional position of interim Chief Executive Officer effective July 1, 2018. The board is in the final stages of a robust CEO search and expects to make an announcement in the near term. As previously disclosed, current CEO Jeff Tygesen is retiring from the Company. Prior to joining Turquoise Hill in October 2017, Mr. Colton worked for Rio Tinto...
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