November 16, 2012

The Tyee – Turquoise Hill third-quarter income shoots to $114.3 million on fair value gain

The Tyee – Turquoise Hill third-quarter income shoots to $114.3 million on fair value gain: "The deal with Inner Mongolia Power Corp. will allow for the completion of commissioning of Oyu Tolgoi, leading to the first production of copper-gold concentrate.

Within the next few weeks Oyu Tolgoi is expected to begin a seven-week commissioning of the ore-processing equipment, the company said in a statement.

First concentrate production will follow within one month and commercial production is expected to begin three to five months after that."

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