Turquoise Hill Resources Ltd., together with its subsidiaries, operates as a mining company. Properties The company’s principal material mineral resource property is the Oyu Tolgoi copper-gold mine located in the southern Mongolia. The company’s subsidiary, Oyu Tolgoi LLC, holds its rights to the Oyu Tolgoi copper-gold mine through mining licence 6709A (Oyu Tolgoi Licence), comprising approximately 8,496 hectares of property. The Oyu Tolgoi Licence includes the right to explore, develop mining infrastructure and facilities, and conduct mining operations on Oyu Tolgoi copper-gold mine. SouthGobi Resources Ltd. As of March 20, 2015, the company beneficially owned and controlled 47.9% of the issued and outstanding shares of SouthGobi, which is an integrated coal mining, development and exploration company in the Southern Gobi region of Mongolia. SouthGobi owns the Ovoot Tolgoi Coal Project and three development projects in the Southern Gobi region of Mongolia. Other Projects The company, through its 100% subsidiaries, Asia Gold Mongolia LLC, Heruga Exploration LLC and SGLS LLC, operates an exploration program in Mongolia on licences that are not part of the Oyu Tolgoi Mine. Its licences cover a total of approximately 24,800 hectares in separate licences. Of these licences, approximately 20,000 hectares are covered by the Ulaan Khud licence. History The company was founded in 1994. It was incorporated under the Company Act (British Columbia) in 1994. It was formerly known as Indochina Goldfields Ltd. and changed its name to Ivanhoe Mines Ltd. in 1999. Further, the company changed its name to Turquoise Hill Resources Ltd. in 2012.
turquoise hill resources ltd
(TRQ:Toronto Stock Exchange)
200 Granville Street
Vancouver, BC V6C 1S4
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