Turquoise Hill Resources Announces Second Quarter 2013 Production

Ulaanbaatar /MONTSAME/ The Turquoise Hill Resources has announced the second quarter 2013 production for Oyu Tolgoi. It was released on the company’s press release on July 15, 2013. Turquoise Hill CEO Kay Priestly said, "Oyu Tolgoi recently commenced concentrate shipments, which was a significant milestone. Over the past three weeks, the concentrator has averaged more than 70,000 tonnes of ore processed per day and is continuing to improve." Oyu Tolgoi will progressively ramp up during the second half of 2013 and expects to produce between 75,000 and 85,000 tonnes of copper in concentrates for the year. Turquoise Hill will continue to report production data on a quarterly basis. Production reports will be issued in the middle of the month following quarter end. Turquoise Hill Resources, formerly Ivanhoe Mines, is an international mining company focused on copper, gold and coal mines in the Asia Pacific region. The company's primary operation is its 66% interest in the Oyu Tolgoi copper-gold-silver mine in southern Mongolia. Other assets include a 58% interest in Mongolian coal miner SouthGobi Resources ; a 57% interest in copper-gold miner Ivanhoe Australia; and a 50% interest in Altynalmas Gold, a private company developing the Kyzyl Gold Project in Kazakhstan, which is in the process of being sold.