Report of Foreign Issuer (6-k)
December 08 2015 - 05:09PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
December 8, 2015
Commission File Number: 001-32403
TURQUOISE
HILL RESOURCES LTD.
(Translation of Registrants Name into English)
Suite 354 200 GRANVILLE STREET, VANCOUVER, BRITISH COLUMBIA V6C
1S4
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F- ¨ Form 40-F- x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(7): ¨
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
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TURQUOISE HILL RESOURCES LTD. |
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Date: December 8, 2015 |
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By: |
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/s/ Dustin S. Isaacs |
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Dustin S. Isaacs |
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General Counsel & |
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Corporate Secretary |
EXHIBIT INDEX
Exhibit 99.1
December 8, 2015
Press release
Turquoise Hill provides 2016 production and
financial guidance
VANCOUVER, CANADA Turquoise Hill Resources today announced 2016 production and financial guidance.
Oyu Tolgoi is expected to produce 175,000 to 195,000 tonnes of copper and 210,000 to 260,000 ounces of gold in concentrates for 2016. Open-pit operations are
expected to mine in phases 2, 3 and 6 during the year as well as begin stripping for phase 4. In addition, stockpiled ore will be processed during the year. The reduction in gold compared to 2015 is the result of mining in lower-grade gold areas and
processing lower-grade stockpiled ore. The majority of 2016 gold production is expected in the first half of the year.
Operating cash costs for 2016 are
expected to be approximately $800 million. The reduction compared to expected 2015 operating cash costs is mainly related to additional capitalization of phase 4 deferred stripping costs.
Capital expenditures for 2016 on a cash-basis, excluding underground development, are expected to be approximately $300 million, of which approximately $280
million relates to sustaining capital. Sustaining capital reflects increased capitalization of phase 4 deferred stripping costs.
For underground
development, Turquoise Hill will provide capital guidance for 2016 once a final notice to proceed decision is confirmed.
About Turquoise
Hill Resources
Turquoise Hill Resources (NYSE, NASDAQ & TSX: TRQ) is an international mining company whose primary operation is its 66%
interest in the Oyu Tolgoi copper-gold-silver mine in southern Mongolia.
Contact
Investors and Media
Tony Shaffer
Office: +1 604 648 3934
Email:
tony.shaffer@turquoisehill.com
Follow us on Twitter @TurquoiseHillRe
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Turquoise Hill Resources Ltd.
Suite 354 200 Granville Street
Vancouver, British Columbia
Canada V6C 1S4
T 604 688 5755
www.turquoisehill.com |
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Forward-looking statements
Certain statements made herein, including statements relating to matters that are not historical facts and statements of the Companys beliefs, intentions
and expectations about developments, results and events which will or may occur in the future, constitute forward-looking information within the meaning of applicable Canadian securities legislation and forward-looking
statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking information and statements relate to future events or future performance, reflect
current expectations or beliefs regarding future events and are typically identified by words such as anticipate, could, should, expect, seek, may, intend,
likely, plan, estimate, will, believe and similar expressions suggesting future outcomes or statements regarding an outlook. These include, but are not limited to, statements respecting
anticipated business activities, planned expenditures, corporate strategies and other statements that are not historical facts.
Forward-looking statements
and information are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performance or achievements of the Company to be materially different from future results, performance or
achievements expressed or implied by such statements or information. There can be no assurances that such statements or information will prove accurate. Such statements and information contained herein represent the Companys best judgment as
of the date hereof based on information currently available. The Company does not assume any obligation to update any forward-looking statements or information or to conform these forward-looking statements or information to actual results, except
as required by law.
Important factors that could cause actual results to differ from these forward-looking statements and information are included in the
Risk Factors section of the Annual Information Form dated as of March 20, 2015 in respect of the year ended December 31, 2014.
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