ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

TRQ Turquoise Hill Resources Ltd

31.41
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Turquoise Hill Resources Ltd NYSE:TRQ NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.41 0 01:00:00

Turquoise Hill Shares Jump After Rio Tinto Offer

14/03/2022 2:22pm

Dow Jones News


Turquoise Hill Resources (NYSE:TRQ)
Historical Stock Chart


From Jul 2021 to Jul 2024

Click Here for more Turquoise Hill Resources Charts.

By Adriano Marchese

 

Turquoise Hill Resources Ltd.'s shares soared in early trading Monday after mining company Rio Tinto PLC offered to acquire the remaining 49% of the company it doesn't already own.

At 9:38 a.m. ET, the company's shares in Toronto were 32% higher at C$33.97, while its New York-listed shares were up 32% at $26.62.

Earlier on Monday, the Canadian miner said it will set up a committee to review and consider Rio Tinto's offer of 34 Canadian dollars (US$26.68) a share in cash, worth about $2.7 billion.

Turquoise Hill operates and develops the Oyu Tolgoi copper-gold mine in southern Mongolia. In late January, Rio Tinto reached agreements with Turquoise Hill and Mongolia's government on the Oyu Tolgoi mine expansion in South Gobi desert that led the partners to approve the start of underground operations.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

March 14, 2022 10:07 ET (14:07 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year Turquoise Hill Resources Chart

1 Year Turquoise Hill Resources Chart

1 Month Turquoise Hill Resources Chart

1 Month Turquoise Hill Resources Chart

Your Recent History

Delayed Upgrade Clock