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Oyu Tolgoi announces performance results for 2021 first quarter


2021-05-24 17:09:22
Ulaanbaatar /MONTSAME/. On 24 May, Oyu Tolgoi LLC, Mongolia s largest copper and gold mining company - a strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto, released its latest performance scorecard, highlighting key performance metrics for the first quarter of 2021, providing an update on the underground development, and its ongoing COVID-19 mitigation measures.
Some highlights from the performance scorecard are: 
Continued its globally competitive safety performance
Strengthened our COVID-19 response and mitigation measures
Maintained its highest water use efficiency per tonne of ore production
In-country spend reaches US$12.3 billion
Spent US$98 million on national procurement ....

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Turquoise Hill announces financial results and review of operations for the first quarter of 2021


Turquoise Hill announces financial results and review of operations for the first quarter of 2021
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MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) today announced its financial results for the period ended March 31, 2021. All figures are in U.S. dollars unless otherwise stated.
Oyu Tolgoi had an exceptionally strong first quarter with production of 45,449 tonnes of copper and 145,656 ounces of gold. Our strong operational performance combined with rising copper and gold prices generated revenue of $526.5 million, a 303% increase over the same quarter last year. stated Steve Thibault, Interim Chief Executive Officer of Turquoise Hill Resources. ....

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Oyu Tolgoi LLC releases its 2020 Year in Review


2021-05-05 15:38:48
Ulaanbaatar /MONTSAME/. Oyu Tolgoi LLC, Mongolia s largest copper and gold mining company - a strategic partnership between the Government of Mongolia, Turquoise Hill Resources and Rio Tinto, published its Year in Review 2020 report today, May 5. 
Some key facts of the Year in Review 2020 report include:
At the end of 2020, the All Injury Frequency Rate was 0.15 per 200,000 people hours worked, which makes Oyu Tolgoi one of the safest performers across Rio Tinto Group.
Between 2010 and 2020, Oyu Tolgoi paid MNT 5.9 trillion (US$2.9 billion) in taxes, fees and other payments, including the VAT paid to Mongolian suppliers. In 2020, Oyu Tolgoi paid MNT 826 billion (US$294 million) in the form of taxes, fees and other payments to the Government of Mongolia. ....

Batsukh Galsan , Oyu Tolgoi , Jacques Van Tonder , Armando Torres , Board Of Directors Oyu Tolgoi , Rio Tinto , Rio Tinto Group , Turquoise Hill Resources , All Injury Frequency Rate , Copper Mark , Chief Executive Officer , Chief Development Officer , Underground Project , அர்மாண்டோ டோரஸ் , ரியோ டின்டோ , ரியோ டின்டோ குழு , டர்க்கைஸ் மலை வளங்கள் , அனைத்தும் காயம் அதிர்வெண் ரேட் , தாமிரம் குறி , தலைமை நிர்வாகி அதிகாரி , தலைமை வளர்ச்சி அதிகாரி , நிலத்தடி ப்ராஜெக்ட் ,

Turquoise Hill announces financial results and review of operations for 2020


Turquoise Hill announces financial results and review of operations for 2020
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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 original forecasts, stated Peter Gillin, Chair of the Board of Directors of Turquoise Hill.
In addition to our operational excellence, the Oyu Tolgoi team posted a new record safety performance while open-pit operations continued uninterrupted throughout the entire year. Focusing on the underground, milestones achieved during 2020 included updating the mine design and co ....

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