EXPLORATION & DEVELOPMENT

Turquoise Hill gains on brighter gold outlook

Rio Tinto subsidiary Turquoise Hill Resources says it expects to produce 11% more gold at the giant Oyu Tolgoi copper-gold-silver mine in Mongolia next year after bringing forward higher-grade gold ore from the South West pit into the 2020-2021 mine plan.

 Oyu Tolgoi co-owner Turquoise Hill expects more gold production in 2021

Oyu Tolgoi co-owner Turquoise Hill expects more gold production in 2021

The gold production guidance improved by about 50,000oz to 500,000-550,000 ounces in 2021, from the 450,000-500,000oz expected previously. The improved guidance stems from the 2020 Oyu Tolgoi feasibility...

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