Turquoise Hill Resources Ltd
MiningBritish Columbia, Canada2-10 Employees
Turquoise Hill Resources Ltd is an international mining company focused on operating and advancing the Oyu Tolgoi copper-gold mine in southern Mongolia, its principal mineral resource asset. Ownership of the project is split, with Turquoise Hill holding about 65% through Oyu Tolgoi LLC and Erdenes Oyu Tolgoi LLC holding the remaining 35%. The mine sits roughly 550 kilometers south of Ulaanbaatar and about 80 kilometers north of the Mongolia-China border. Its mineralization consists of porphyry-style copper, gold, silver and molybdenum distributed along the Oyu Tolgoi Trend, including the Heruga, Oyut and Hugo Dummett deposits. The company is based in Vancouver, British Columbia, and maintains a small workforce. In 2022, Rio Tinto announced an improved CAD43-per-share takeover offer for Turquoise Hill, reflecting ongoing strategic interest in the project.