January 16, 2018 / 4:02 PM / 7 months ago

BUZZ-Turquoise Hill Resources: Down on Mongolian tax assessment

** Canada-based copper and gold miner’s shares down 5.5 pct at C$4.26; U.S. shares down 4 pct at $3.44

** Mongolia asks Turquoise Hill’s majority-owned Oyu Tolgoi LLC to pay $155 mln in tax arrears after an audit of tax payments between 2013 and 2015

** Turquoise Hill, which is 51 pct owned by Rio Tinto, says the Mongolian mine has paid all required taxes and charges and is evaluating the tax assessment

** Up to Monday’s close, TRQ’s Canadian-listed stock had risen 20 pct since co provided its 2018 forecast in Dec (Reporting by Karan Nagarkatti)

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