 It owns a 50% interest in the Kyzyl gold project in Kazakhstan through Altynalmas Gold and has exploration projects in China, Indonesia and the Philippines.Turquoise Hill Resources also owns 14% of Entree Gold, a company with interests in copper and gold projects in southern Mongolia and Arizona, and 14% of Exco Resources which operates Cloncurry's copper project and the White Dam gold mine in Australia.The company's largest shareholder is Rio Tinto, which recently increased its stake to 51%.