Bloomberg L.P.

Rio Tinto’s Offer to Take Over Giant Copper Mine Is Rebuffed

Rio Tinto Group’s $2.7 billion offer to buy out Turquoise Hill Resources Ltd. has been rejected, blocking its efforts to gain greater control of a giant copper mine it’s developing in Mongolia. Rio’s ...
The Globe and Mail

Rio Tinto closes in on acquisition of Canadian copper miner Turquoise Hill, but uncertainty swirls around minority shareholder approval

Canadian copper miner Turquoise Hill Resources Ltd. TRQ-T has reached a tentative agreement to sell itself to mega-miner Rio Tinto International Holdings Ltd. RIO-N, but a prominent minority ...
The Globe and Mail

Canadian copper miner Turquoise Hill declares force majeure on some Chinese contracts

Canadian copper miner Turquoise Hill Resources Ltd. is invoking force majeure related to its Chinese contracts for metal shipments from its Mongolian mine, amid COVID-19 border restrictions, and ...
Mining

Turquoise Hill Q1 copper output down 33% due to lower head grades

Due to lower copper and gold head grades, Turquoise Hill Resources’ (TSX: TRQ) production from the Oyu Tolgoi mine during first quarter 2022 was lower than both the first quarter of last year and the ...