News

Force majeure declared at Oyu Tolgoi

Posted by: Admin | Posted on: January 18th, 2018 | 0 Comments

Turquoise Hill Resources (CN:TRQ), the majority owner of the Oyu Tolgoi copper-gold mine, has declared force majeure at the operation after a protest by Chinese coal transporters recently commenced in the area of the Ganqimaodu Border Zone.

BHP flags Escondida write-down

Posted by: Admin | Posted on: January 18th, 2018 | 0 Comments

The company said underlying earnings before interest and tax for the December half was expected to include impairment charges, predominantly related to conveyers at Escondida, in the range of US$250 million to $350 million.