Credit Suisse Upgrades Turquoise Hill Resources (TRQ) to Neutral

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Oyu Tolgoi in Mongolia May Not Need Formal Financing Approval (RIO) (TRQ)

August 2, 2013 9:06 AM EDT

Rio Tinto (NYSE: RIO) and Turquoise Hill (NYSE: TRQ) may not need formal financing approval for underground expansion at Oyu Tolgoi in Mongolia, according to reports in MetalBulletin, citing a newspaper quote from Mongolia's Prime Minister.... More

UPDATE: Turquoise Hill (TRQ) Cut to Perform at BMO; Project Delays Could Lead to More Downside

July 29, 2013 7:38 AM EDT

(Updated - July 29, 2013 12:58 PM EDT)

BMO Capital downgraded Turquoise Hill Resources (NYSE: TRQ) from Outperform to Market Perform with a price target of C$5.50. On Monday, Turquoise Hill announced that the company has received notification from the Government of Mongolia that project... More