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Turquoise Hill Provides Update on Oyu Tolgoi LLC International Tax Arbitration News provided by Share this article Share this article MONTREAL, May 3, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced that the Government of Mongolia ("GOM") filed its statement of defence together with a counterclaim ("GOM Defence and Counterclaim") in relation to a previously-disclosed international tax arbitration proceeding brought by Oyu Tolgoi LLC ("OT") against the GOM in February 2020. Turquoise Hill is not a party to that arbitration, but the Company...

Turquoise Hill Resources and Rio Tinto Reach Binding Agreement on Funding Plan for Oyu Tolgoi News provided by Share this article Share this article MONTREAL, April 9, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") and Rio Tinto today announced that they have entered into a binding Heads of Agreement (HoA) to provide an updated funding plan (the "Funding Plan") for the completion of the Oyu Tolgoi LLC (OT) underground project in Mongolia. The Funding Plan is designed to address the estimated remaining funding requirement of approximately US$2.3 billion[1...

Entrée Resources Welcomes Announcement of Updated Funding Plan to Complete Oyu Tolgoi Underground Construction News provided by Share this article Company" or " Turquoise Hill"), announced they have reached a binding agreement (" Heads of Agreement") with Rio Tinto on a funding plan to complete the construction of Lift 1 of the Oyu Tolgoi underground project (" Oyu Tolgoi") in Mongolia. The Hugo North Extension deposit on the Entrée/Oyu Tolgoi JV Property is an integral part of the Lift 1 mine plan. Stephen Scott, Entrée's President & CEO commented, "This is great news for all Oyu Tolgo...

Turquoise Hill announces financial results and review of operations for 2020 News provided by Share this article Share this article MONTREAL, March 8, 2021 /PRNewswire/ - Turquoise Hill Resources today announced its financial results for the year ended December 31, 2020. All figures are in U.S. dollars unless otherwise stated. "2020 was an important year for Turquoise Hill. In the face of the COVID-19 pandemic that dominated 2020, the Oyu Tolgoi mine achieved another year of excellent operational results, with copper production in-line with original guidance, and gold production exceeding ori...

Turquoise Hill Announces Management Change Turquoise Hill Resources Ltd. announced today that Mr. Ulf Quellmann has resigned as the Company’s Chief Executive Officer effective March 3, 2021 the Board of Directors of the Company and Mr. Quellmann having agreed that it would not be in the best interests of the Company for Mr. Quellmann to continue in this position. We thank Mr. Quellmann for his service to Turquoise Hill and the advancements he has made in … Turquoise Hill Resources Ltd. (“Turquoise Hill” or the “Company”) announced today that Mr. Ulf Quellmann has resigned as the C...