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• Turquoise_Hill_Resources abstract "Turquoise Hill Resources is a Canadian mineral exploration and development company headquartered in Vancouver, British Columbia. Its focus is on the pacific rim where it is in the process of developing several large mines, the principal one being the Oyu Tolgoi Project in Southern Mongolia 200 km east of Dalanzadgad. The company was called Ivanhoe Mines until August 2, 2012 when an important financing agreement was made with Rio Tinto.In addition to operations that it runs directly (Oyu Tolgoi) Turquoise Hill Resources has a subsidiary in Australia (59% owned Ivanhoe Australia down from 81% in the summer of 2010). SouthGobi is Ivanhoe Mine's coal operations in Mongolia.The Oyuu Tolgoi Project is considered one of the world's largest copper and gold porphyry deposits. For development to happen at Oyuu Tolgoi, an agreement had to be made in which the Mongolian government took a 34% stake in the project; the royalty arrangement it currently has with the Mongolian government took years to reach which caused significant delays in project development.In Australia, Turquoise Hill Resources has stakes in mines containing gold, uranium, copper and the world's highest grade molybdenum and rhenium.In Mongolia SouthGobi produces coal and controls several other gold and copper mine development projects. It owns a 50% interest in the Kyzyl gold project in Kazhakstan through Altynalmas Gold and has exploration projects in China, Indonesia and the Philippines. Turquise Hill Resources also owns 14% of Entree Gold, a company with interests in copper and gold projects in southern Mongolia and Arizona, and 14% of Exco Resources which operates Cloncurry's copper project and the White Dam gold mine in Australia. The company's largest shareholder is Rio Tinto which recently increased its stake to 51% which is up from 46.5% beforehand; In June 2011 Rio Tinto paid $502 million for 55 million additional shares, increasing its control to 46.5% from 42% (35% prior to that) and giving it an extra seat on the board (up to 7/14) though Rio Tinto is restricted from increasing its stake in the company to a majority before 2012. Since 2006 Rio Tinto invested $3.5 billion in Ivanhoe Mines. Former Canadian prime minister Jean Chretien is a special advisor to the company.In September 2010 it was reported that exploration around Oyu Tolgoi at the Heruga North deposit revealed higher reserves of gold and copper than previously estimated (the news caused IVN share prices to rise 6%). Capital spending is likely to reach $5Bn; in October 2010, Ivanhoe announced a new $1Bn share offering in order to raise funds to develop this mine. Due to new entitlement offers by Ivanhoe Australia (made to raise funding in order to develop assets in North Queensland, Australia) Ivanhoe Mines' interest in the company was reduced from 81% to 62%. At the end of March 2011 construction of Oyu Toloi was 15% complete. At the end of February 2012 construction of Oyu Tolgoi was 73% complete.".
• Turquoise_Hill_Resources assets "6136.0".
• Turquoise_Hill_Resources equity "4722.0".
• Turquoise_Hill_Resources foundedBy Robert_Friedland.
• Turquoise_Hill_Resources foundingYear "1994".
• Turquoise_Hill_Resources industry Mining.
• Turquoise_Hill_Resources locationCity Vancouver.
• Turquoise_Hill_Resources locationCountry Canada.
• Turquoise_Hill_Resources product Coal.
• Turquoise_Hill_Resources product Copper.
• Turquoise_Hill_Resources product Gold.
• Turquoise_Hill_Resources product Molybdenum.
• Turquoise_Hill_Resources product Rhenium.
• Turquoise_Hill_Resources product Uranium.
• Turquoise_Hill_Resources revenue "1.7905E8".
• Turquoise_Hill_Resources thumbnail Ivanhoe_Mines_logo.svg?width=300.
• Turquoise_Hill_Resources type Public_company.
• Turquoise_Hill_Resources wikiPageExternalLink index.php?option=com_igallery&view=igcategory&id=7&type=tagged&tags=Ovoot+Tolgoi+mine&Itemid=46&lang=en.
• Turquoise_Hill_Resources wikiPageExternalLink www.turquoisehill.com.
• Turquoise_Hill_Resources wikiPageID "27080023".
• Turquoise_Hill_Resources wikiPageRevisionID "603022335".
• Turquoise_Hill_Resources assets "$6,136.83 million (91%)".
• Turquoise_Hill_Resources divisions "Ivanhoe Australia Ltd".
• Turquoise_Hill_Resources equity "$4,722.84 million (160%)".
• Turquoise_Hill_Resources foundation "1994".
• Turquoise_Hill_Resources founder "Robert Friedland".
• Turquoise_Hill_Resources hasPhotoCollection Turquoise_Hill_Resources.
• Turquoise_Hill_Resources homepage www.turquoisehill.com.
• Turquoise_Hill_Resources industry Mineral_exploration.
• Turquoise_Hill_Resources industry Mining.
• Turquoise_Hill_Resources keyPeople "Christopher Bateman (cfo)".
• Turquoise_Hill_Resources keyPeople "John Macken, (President)".
• Turquoise_Hill_Resources keyPeople "Kay Priestly, (ceo)".
• Turquoise_Hill_Resources locationCity Vancouver.
• Turquoise_Hill_Resources locationCountry Canada.
• Turquoise_Hill_Resources name "Turquoise Hill Resources".
• Turquoise_Hill_Resources netIncome "US$ mil".
• Turquoise_Hill_Resources products Coal.
• Turquoise_Hill_Resources products Copper.
• Turquoise_Hill_Resources products Gold.
• Turquoise_Hill_Resources products Molybdenum.
• Turquoise_Hill_Resources products Rhenium.
• Turquoise_Hill_Resources products Uranium.
• Turquoise_Hill_Resources revenue "US$179.05 million (124%)".
• Turquoise_Hill_Resources type Public_company.
• Turquoise_Hill_Resources subject Category:Coal_companies_of_Mongolia.
• Turquoise_Hill_Resources subject Category:Companies_based_in_Vancouver.
• Turquoise_Hill_Resources subject Category:Companies_listed_on_the_Australian_Securities_Exchange.
• Turquoise_Hill_Resources subject Category:Companies_listed_on_the_Hong_Kong_Stock_Exchange.
• Turquoise_Hill_Resources subject Category:Companies_listed_on_the_New_York_Stock_Exchange.
• Turquoise_Hill_Resources subject Category:Companies_listed_on_the_Toronto_Stock_Exchange.
• Turquoise_Hill_Resources subject Category:Copper_mining_in_Mongolia.
• Turquoise_Hill_Resources subject TSX_Composite_Index.
• Turquoise_Hill_Resources type Agent.
• Turquoise_Hill_Resources type Company.
• Turquoise_Hill_Resources type Organisation.
• Turquoise_Hill_Resources type Organization.
• Turquoise_Hill_Resources type Agent.
• Turquoise_Hill_Resources type SocialPerson.
• Turquoise_Hill_Resources type Thing.
• Turquoise_Hill_Resources comment "Turquoise Hill Resources is a Canadian mineral exploration and development company headquartered in Vancouver, British Columbia. Its focus is on the pacific rim where it is in the process of developing several large mines, the principal one being the Oyu Tolgoi Project in Southern Mongolia 200 km east of Dalanzadgad.".
• Turquoise_Hill_Resources label "Turquoise Hill Resources".
• Turquoise_Hill_Resources sameAs m.0bs3rwj.
• Turquoise_Hill_Resources sameAs Q7856196.
• Turquoise_Hill_Resources sameAs Q7856196.
• Turquoise_Hill_Resources wasDerivedFrom Turquoise_Hill_Resources?oldid=603022335.
• Turquoise_Hill_Resources depiction Ivanhoe_Mines_logo.svg.
• Turquoise_Hill_Resources homepage www.turquoisehill.com.
• Turquoise_Hill_Resources isPrimaryTopicOf Turquoise_Hill_Resources.
• Turquoise_Hill_Resources name "Turquoise Hill Resources".