Last $3.38 USD
Change Today -0.05 / -1.46%
Volume 2.9M
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As of 8:04 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

turquoise hill resources ltd (TRQ) Snapshot

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03/7/14 - $4.36
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01/6/14 - $3.01
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turquoise hill resources ltd (TRQ) Details

Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mineral exploration, development, and mining company. The company’s principal mineral resource property includes the Oyu Tolgoi project, a copper-gold project located in the South Gobi region of Mongolia. It also holds interests in coal resource properties in Mongolia; and molybdenum and silver resource properties. The company was formerly known as Ivanhoe Mines Ltd. and changed its name to Turquoise Hill Resources Ltd. in August 2012. Turquoise Hill Resources Ltd. was founded in 1994 and is headquartered in Vancouver, Canada. Turquoise Hill Resources Ltd. operates as a subsidiary of Rio Tinto International Holdings Limited.

3,360 Employees
Last Reported Date: 03/26/14
Founded in 1994

turquoise hill resources ltd (TRQ) Top Compensated Officers

Chief Executive Officer, Director, Member of ...
Total Annual Compensation: $506.5K
Senior Vice President of Operations and Techn...
Total Annual Compensation: $291.9K
Compensation as of Fiscal Year 2013.

turquoise hill resources ltd (TRQ) Key Developments

Turquoise Hill Resources Announces Earnings Results for the Second Quarter Ended June 30, 2014

Turquoise Hill Resources announced earnings results for the second quarter ended June 30, 2014. In the second quarter of 2014, the company recorded net income of $9.6 million ($0.00 per share), compared to a net loss of $105.4 million ($0.08 per share) in the second quarter of 2013, representing an improvement of $115.0 million. Results for the second quarter of 2014 improved due to reductions in operating losses before non-controlling interests at Oyu Tolgoi of $39.2 million and at SouthGobi of $24.9 million which after adjusting for non-controlling interests resulted in improvements of $25.9 million and $13.9 million respectively. In addition, the improvement arose from a gain of $14.0 million on the sale of non-core mineral property rights and reduced corporate expenses of $8.1 million. The results for the second quarter of 2013 included a loss from discontinued operations of $48.9 million. Total revenue was $442.7 million against $6.1 million a year ago.

Turquoise Hill Resources Ltd. to Report Q2, 2014 Results on Aug 12, 2014

Turquoise Hill Resources Ltd. announced that they will report Q2, 2014 results at 11:46 PM, GMT Standard Time on Aug 12, 2014

Turquoise Hill Resources Ltd., Q2 2014 Earnings Call, Aug 12, 2014

Turquoise Hill Resources Ltd., Q2 2014 Earnings Call, Aug 12, 2014


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