Turquoise Hill (TRQ: TSX, NYSE, NASDAQ) is an international mining company focused on the operation and further development of the Oyu Tolgoi copper-gold mine in southern Mongolia, which is the Company’s principal and only material mineral resource property. Turquoise Hill’s ownership of the Oyu Tolgoi mine is held through a 66% interest in Oyu Tolgoi LLC; the remaining 34% interest is held by Erdenes Oyu Tolgoi LLC, a Mongolian state-owned entity.
1. Oyu Tolgoi Copper-Gold Mine
Turquoise Hill owns 66% of Oyu Tolgoi, one of the world’s largest copper-gold-silver mines that went into production in early 2013 and now is shipping concentrate to customers in China.