Turquoise Hill Resources Ltd (TRQ) Tops Q1 EPS by 3c, Revenues Miss

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Turquoise Hill announces financial results and review of operations for the first quarter of 2020, and updated Panel 0 mine design

May 13, 2020 5:00 PM EDT

MONTREAL, May 13, 2020 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its financial results for the period ended March 31, 2020.  All figures are in U.S. dollars unless otherwise stated.

"Our first quarter of 2020 delivered strong operational results in the open-pit mine, whilst importantly achieving an excellent safety record that the Oyu Tolgoi team has continued to maintain.

The COVID-19 pandemic has, provided unprecedented challenges, yet the Oyu Tolgoi open pit has continued to operate without interruptions, and the underground development, although experiencing delays with the construction of some... More