Turquoise Hill Resources (TRQ) Pares Losses

August 1, 2013 1:11 PM EDT
Turquoise Hill Resources Ltd. (NYSE: TRQ) stock clawed back gains on Thursday. Share fell early in the week after it announced that the company has received notification from the Government of Mongolia that project financing for Oyu Tolgoi will now require approval by the Mongolian Parliament.

The timing of today's rally coincides with news former Mongolian president Nambaryn Ebkhbayer has been pardoned.


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