Turquoise Hill Announces Financial Results and Review of Operations for 2017

Mar. 16, 2018 09:03AM PST

Turquoise Hill Resources (NYSE: TRQ) (NASDAQ: TRQ) (TSX: TRQ) today announced its financial results for the year ended December 31, 2017. All figures are in U.S. dollars unless otherwise stated. As quoted in the press release: HIGHLIGHTS Full year 2017 Oyu Tolgoi achieved an All Injury Frequency Rate of 0.27 per 200,000 hours worked for the year ended …

Turquoise Hill Resources (NYSE: TRQ) (NASDAQ: TRQ) (TSX: TRQ) today announced its financial results for the year ended December 31, 2017. All figures are in U.S. dollars unless otherwise stated.

As quoted in the press release:

HIGHLIGHTS

Full year 2017

Oyu Tolgoi achieved an All Injury Frequency Rate of 0.27 per 200,000 hours worked for the year ended December 31, 2017.

Underground lateral development made good progress during 2017 completing 6.1 equivalent kilometres for the year which was in-line with the 2016 Technical Report expectations.

Since the re-start of development in January 2016, a total of 7.7 equivalent kilometres has been completed, which is on plan.

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