Articles Tagged "Turquoise Hill Resources"

Turquoise Hill Resources Receives $225 Million Debt Facility from Rio Tinto

Copper – Mining Weekly reported that Turquoise Hill Resources (TSX:TRQ, NYSE:TRQ) announced that it has received a $225 million nonrevolving bridge facility from Rio Tinto (NYSE:RIO) for Oyu Tolgoi. As quoted in the Mining Weekly report: Turquoise Hill pointed out that, should it default under the terms of the bridge facility, Rio Tinto would be entitled to convert any outstanding [...]

Gold Stocks Rebound on Widening Chinese Trade Surplus

Gold – Gold companies enjoyed a lift from gold price gains on Wednesday, although some of that was given up Thursday with the release of positive US employment data.