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Rating: IVN

Turquoise Hill Resources Ltd. (NYSE: TRQ) rated to Underperform by BofA/Merrill

Friday,  Nov 15, 2013  8:25 AM ET by Lynn Gilbert

BofA/Merrill rated Turquoise
Hill Resources Ltd. (NYSE: TRQ) to Underperform.

Ivanhoe Mines Ltd. (IVN) is an international mineral exploration and development company. The Company?s principal mineral resource property is the Oyu Tolgoi Project, located in Mongolia. The IVN Group also holds interests in several other mineral resource projects in the Asia Pacific region, including the Ovoot Tolgoi Coal Mine, located in Mongolia; the Cloncurry Project, located in Queensland, Australia, and the Bakyrchik gold project, located in Kazakhstan. In May 2008, IVN completed the sale of its controlling stake in Jinshan Gold Mines Inc. (Jinshan) to China National Gold Group Hong Kong Ltd. (China National).


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