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Turquoise Hill Resources Ltd (TRQ) Q4 2020 Earnings Call Transcript

Turquoise Hill Resources Ltd (TRQ) Q4 2020 Earnings Call Transcript
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Turquoise Hill Resources Ltd (NYSE: TRQ)
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Operator
Good morning, ladies and gentlemen, and welcome to the Turquoise Hill Resources Fourth Quarter 2020 Results. [Operator Instructions] Following the presentation, we will conduct a question-and-answer session. [Operator Instructions]. This call is being recorded on Wednesday, March 9, 2020 [Phonetic].
I d now like to turn the conference over to Roy McDowall, Head of Investor Relations and Communications. Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, ....

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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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