Turquoise Hill Provides 2016 Production and Financial Guidance

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Turquoise Hill Resources (TRQ) Sees 2016 Gold Production of 210-260 oz. at Oyu Tolgoi

December 8, 2015 5:03 PM EST

Turquoise Hill Resources today announced 2016 production and financial guidance.

Oyu Tolgoi is expected to produce 175,000 to 195,000 tonnes of copper and 210,000 to 260,000 ounces of gold in concentrates for 2016. Open-pit operations are expected to mine in phases 2, 3 and 6 during the year as well as begin stripping for phase 4. In addition,... More