Turquoise Hill jumps 11% after allaying Oyu Tolgoi fears

By Frik Els

Turquoise Hill Resources (TSX:TRQ), 66%-owner of Oyu Tolgoi,  raced ahead more than 11% on Friday after soothing investor fears about negotiations with the Mongolian government over  the future of the massive copper-gold mine.

Stock in Turquoise Hill, which is controlled by Rio Tinto (LON:ASX), was changing hands at $7.05, up 11.1% by lunchtime …read more
Source: Mining.com- Copper News

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