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Turquoise Hill Announces First Quarter 2016 Production
Turquoise Hill Resources today announced first quarter 2016 production for Oyu Tolgoi. Jeff Tygesen, Turquoise Hill Chief Executive Officer, said, “Oyu Tolgoi delivered strong first quarter production results with concentrator throughput reaching a quarterly high as well as better-than-expected gold production. We are increasing 2016 gold production guidance to reflect the mine accessing more of [...]
Prophecy to Clear TDB Loan and Issues Shares for Debt
Vancouver, British Columbia (FSCwire) – Prophecy Development Corp. (“Prophecy” or the “Company”) (TSX:PCY, Frankfurt:1P2) is pleased to announce that it intends to pay off and close out the USD$1.5 million line of credit facility with the Trade and Development Bank of Mongolia at end of this month.
Khan Resources Inc.: Mongolia Files to Annul Arbitration Award
Khan Resources Inc. (“Khan” or the “Company”) (CSE:KRI) announces that it received on July 14, 2015 a one page notice from the Chief Clerk of the French Court of Appeal in Paris that the Government of Mongolia has initiated an attempt to annul the international arbitration Award rendered in Khan’s favour on March 2, 2015 [...]
Khan Announces Private Placement of Shares
Khan Resources Inc. (“Khan” or the “Company”) (CSE:KRI) announces that it intends to raise approximately $2,000,000 in a non-brokered private placement by issuing approximately 5,000,000 common shares of the Company at a price of $0.40 per common share.
Khan Provides Update on International Arbitration Award
Khan Resources Inc. (“Khan” or the “Company”) (CSE:KRI) announced on March 2, 2015 that an international arbitration tribunal had rendered an award to Khan as compensation for the Government of Mongolia’s actions in relation to the cancellation of Khan’s uranium licenses in 2009. The award is now due from the Government of Mongolia and Monatom [...]
SouthGobi Resources Announces Resignation of Enkh-Amgalan Sengee as President and Chief Executive Officer
SouthGobi Resources Ltd. (TSX:SGQ) (HKSE:1878) (“SouthGobi” or the “Company”) announces that effective March 13, 2015, Mr. Enkh-Amgalan Sengee, President and Chief Executive Officer, resigned to pursue other opportunities.
Turquoise Hill Provides Update on Oyu Tolgoi Concentrator Fire
Turquoise Hill Resources today provided an update on a fire at the Oyu Tolgoi concentrator.
Turquoise Hill Files 2014 Oyu Tolgoi Technical Report
Turquoise Hill Resources today filed an updated compliant independently-prepared technical report under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101″) relating to the Oyu Tolgoi Project (the “Project”). Prepared by OreWin Pty Ltd, the 2014 Oyu Tolgoi Technical Report (2014 OTTR), updates the Oyu Tolgoi Technical Report dated March 25, 2013 [...]