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Stock Market & Financial Investment News

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November 14, 2012
18:48 EDTTRQTurquoise Hill reports Q3 EPS 12C, consensus (5c)
Reports Q3 revenue $23.8M, one estimate $37.98M.
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September 22, 2014
08:19 EDTTRQOyu Tolgoi finalizes underground feasibility study
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08:08 EDTTRQTurquoise Hill provides update on Mongolian tax authority ruling
Turquoise Hill Resources announced that it has completed a detailed review of the tax ruling of the Tax Dispute Resolution Council of the Mongolian General Taxation Department issued on September 10. The ruling has reduced the amount of tax, interest and penalties claimed to be payable by Oyu Tolgoi from approximately $127M to approximately $30M. While this significant reduction is welcome, there are aspects of the ruling that require further clarification. Oyu Tolgoi will continue to work with the Mongolian Tax Authority to obtain further clarity on some of the findings in the ruling. Turquoise Hill, Rio Tinto and the Government of Mongolia continue to engage in order to resolve outstanding shareholder issues.

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