Shares of Turquoise Hill have increased by 11 percent - News.MN

Shares of Turquoise Hill have increased by 11 percent

Old News! Published on: 2015.04.08

Shares of Turquoise Hill have increased by 11 percent

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Last Sunday Prime Minister Ch. Saikhanbileg announced in a televised statement that the financing for the underground mine portion of Oyu Tolgoi was very close to being finalized.

Following his speech on Monday the share price of Turquoise Hill on the New York Stock Exchange increased 11 percent to close at $3.60 USD; its highest price since October 2014. The share price has gained 19 percent over the last 5 days of trading.

On the Toronto Stock Exchange shares of Entrée Gold have increased by 46.1% closing at $0.38 Canadian.  Entrée Gold which holds a special license on the Oyu Togloi property is currently negotiating the transfer of that special license to Oyu Tolgoi LLC.

 

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