Turquoise Hill says Oyu Tolgoi declares force majeure due to border protests

Turquoise Hill Resources said that Oyu Tolgoi, a copper and gold mine in the southern Gobi Desert, has declared force majeure in connection with customer contracts for concentrate due to a protest by Chinese coal transporters in the Ganqimaodu Border Zone. Protesters used vehicles to obstruct the main access road in China leading to the Chinese-Mongolian border, resulting in Oyu Tolgoi convoys being unable to deliver concentrates to customers, the Vancouver-based company said.