Turquoise Hill Resources issued production guidance for its Oyu Tolgoi mine. The Canadian mining company said that the gold production in 2021 would be higher than in 2020. Turquoise Hill (TRQ) said that its Oyu Tolgoi mine is expected to produce 149,631 tonnes of copper in 2020, compared to the initial guidance range of 140,000 – 170,000 tonnes. It also expects 2020 gold production of 181,858 ounces, compared to the earlier guidance range of 120,000 – 150,000 ounces. As for 2021, the company estimates that the Oyu Tolgoi mine will produce copper in 160,000 to 180,000 tonnes and gold concentrates in 500,000 to 550,000 ounces.
https://www.tipranks.com/news/turquoise-hill-expects-higher-gold-production-in-2021