Nov 26 (Reuters) – Turquoise Hill Resources Ltd said on Thursday hedge fund Odey Asset Management’s letter to its majority owner Rio Tinto contained a number of false assumptions and misinformation about the company and […]
MONTREAL, Nov. 26, 2020 /CNW/ – Turquoise Hill Resources Ltd. (“Turquoise Hill” or the “Company”) today issued the following statement regarding the published letter to Rio Tinto plc from Odey Asset Management LLP, a short-seller in Turquoise […]
Leading investor Odey Asset Management has attacked Rio Tinto’s management over a troubled copper mine in Mongolia and warned a rights issue of $8.9bn (£6.6bn) might be needed to get the project back on track. […]
Government seeks review into expansion project that is late and billions of dollars over-budget Rio Tinto is facing further pressure in Mongolia, where the government is seeking an independent review into delays and huge cost […]
Dispute over funding for over-budget and late-running Oyu Tolgoi project in Mongolia Rio Tinto is at loggerheads with a subsidiary over how to fund a multibillion-dollar cost overrun at its huge underground copper and gold […]
Copyright © 2020 | by Baterdene Chimeddorj