0001193125-19-140649.txt : 20190508 0001193125-19-140649.hdr.sgml : 20190508 20190508085654 ACCESSION NUMBER: 0001193125-19-140649 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20190508 FILED AS OF DATE: 20190508 DATE AS OF CHANGE: 20190508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TURQUOISE HILL RESOURCES LTD. CENTRAL INDEX KEY: 0001158041 STANDARD INDUSTRIAL CLASSIFICATION: METAL MINING [1000] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32403 FILM NUMBER: 19805335 BUSINESS ADDRESS: STREET 1: 354 ? 200 GRANVILLE STREET CITY: VANCOUVER STATE: A1 ZIP: V6C 1S4 BUSINESS PHONE: 604 688 5755 MAIL ADDRESS: STREET 1: 354 ? 200 GRANVILLE STREET CITY: VANCOUVER BC CANADA STATE: A1 ZIP: V6C 1S4 FORMER COMPANY: FORMER CONFORMED NAME: IVANHOE MINES LTD DATE OF NAME CHANGE: 20010823 6-K 1 d748753d6k.htm 6-K 6-K

 

 

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

May 8, 2019

Commission File Number: 001-32403

 

 

TURQUOISE HILL RESOURCES LTD.

(Translation of Registrant’s 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-☒

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.

 

 

TURQUOISE HILL RESOURCES LTD.

Date: May 8, 2019

 

By:

 

/s/ Dustin S. Isaacs

   

Dustin S. Isaacs

   

Vice-President, General Counsel &

Corporate Secretary


EXHIBIT INDEX

 

99.1    Press Release

 

EX-99.1 2 d748753dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO

News Release

May 7, 2019

 

 

Turquoise Hill Provides Update on Parliamentary Working Group Report

 

 

Turquoise Hill Resources Ltd. (“Turquoise Hill”) today provided an update on a Mongolian Parliamentary Working Group Report (the “PWG Report”) regarding certain contractual agreements with the Government of Mongolia that underpin Turquoise Hill’s investment in the Oyu Tolgoi copper-gold mine.

On May 3, 2019, a summary of the PWG Report was received by our 66%-owned Mongolian subsidiary, Oyu Tolgoi LLC, which in turn owns the Oyu Tolgoi mine. Yesterday, Oyu Tolgoi LLC provided the Economic Standing Committee (“ESC”) with a written response to the summary of the PWG Report.

At this time, it is our understanding that the timeline to review the PWG Report by the ESC has not been fully established.

Ulf Quellmann, CEO of Turquoise Hill, is in Mongolia actively working on this matter with the Oyu Tolgoi LLC team as well as Rio Tinto.

Turquoise Hill will further update the market in due course.

 

 

Contact

Investors and Media

Roy McDowall

+ 1 604-648-3934

roy.mcdowall@turquoisehill.com

Follow us on Twitter @TurquoiseHillRe

 

 

 

 

Turquoise Hill Resources Ltd.

  

Suite 354-200 Granville Street

Vancouver, BC, Canada V6C 1S4

  

Telephone + 1 604 688 5755

Toll Free + 1 877 288 6975

  

turquoisehill.com

  

        


LOGO

Forward-looking statements

Certain statements made herein, including statements relating to matters that are not historical facts and statements of the Company’s 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 United States Private Securities Litigation Reform Act of 1995. Forward-looking statements and information 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 about 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 assurance that such statements or information will prove to be accurate. Such statements and information are based on numerous assumptions regarding present and future business strategies, local and global economic conditions, and the environment in which the Company will operate in the future, including the price of copper, gold and silver, anticipated capital and operating costs, anticipated future production and cash flows, and the status of the Company’s relationship and interaction with the Government of Mongolia on the continued development of Oyu Tolgoi and Oyu Tolgoi LLC internal governance. Certain important factors that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements and information include, among others, copper; gold and silver price volatility; discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries; development plans for processing resources; matters relating to proposed exploration or expansion; mining operational and development risks; litigation risks; regulatory restrictions (including environmental regulatory restrictions and liability); Oyu Tolgoi LLC’s ability to deliver a domestic power source for the Oyu Tolgoi project within the required contractual time frame; communications with local stakeholders and community relations; activities, actions or assessments, including tax assessments, by governmental authorities; events or circumstances (including strikes, blockages or similar events outside of the Company’s control) that may affect the Company’s ability to deliver its products in a timely manner; currency fluctuations; the speculative nature of mineral exploration; the global economic climate; dilution; share price volatility; competition; loss of key employees; cyber security incidents; additional funding requirements, including in respect of the development or construction of a long-term domestic power supply for the Oyu Tolgoi project; capital and operating costs, including with respect to the development of additional deposits and processing facilities; and defective title to mineral claims or property. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements and information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. All such forward-looking statements and information are based on certain assumptions and analyses made by the Company’s management in light of their experience and perception of historical trends, current conditions and expected future developments, as well as other factors management believes are appropriate in the circumstances. These statements, however, are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements or information.

Readers are cautioned not to place undue reliance on forward-looking information or statements. By their nature, forward-looking statements involve numerous assumptions, inherent risks and uncertainties, both general and specific, which contribute to the possibility that the predicted outcomes will not occur. Events or circumstances could cause the Company’s actual results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Important factors that could cause actual results to differ from these forward-looking statements are included in the “Risk Factors” section in the Company’s Annual Information Form dated as of March 13, 2019 in respect of the year ended December 31, 2018 (the “AIF”).

Readers are further cautioned that the list of factors enumerated in the “Risk Factors” section of the AIF that may affect future results is not exhaustive. When relying on the Company’s forward-looking statements and information to make decision.

 

 

Turquoise Hill Resources Ltd.

  

Suite 354-200 Granville Street

Vancouver, BC, Canada V6C 1S4

  

Telephone + 1 604 688 5755

Toll Free + 1 877 288 6975

  

turquoisehill.com

  

        

 

2

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