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Turquoise Hill announces financial results and review of operations for the first quarter of 2021 morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Turquoise Hill announces financial results and review of operations for the first quarter of 2021 News provided by Share this article Share this article 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. ....
Misty Lee June 15, 2020 Turquoise Hill Resources Ltd. [NYSE: TRQ] surged by $0.73 during the normal trading session on Wednesday and reaching a high of $13.57 during the day while it closed the day at $13.29. The company report on December 24, 2020 that Oyu Tolgoi receives Tax Act from Mongolian Tax Authority. MONTREAL, Dec. 23, 2020 /CNW/ – Turquoise Hill Resources announced that Oyu Tolgoi LLC has received, and is evaluating, a Tax Act (“tax assessment”) for approximately US$228 million cash tax from the Mongolian Tax Authority (MTA) relating to an audit on taxes imposed and paid by Oyu Tolgoi LLC between 2016 and 2018. This tax assessment is being evaluated by Oyu Tolgoi LLC and a response will be issued within the timeframe required by Mongolian Law. ....