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Turquoise Hill Resources Ltd (TRQ) Reports Q2 EPS of $0.48

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Turquoise Hill announces financial results and review of operations for the second quarter of 2021

July 29, 2021 5:00 PM EDT

MONTREAL, July 29, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced its financial results for the period ended June 30, 2021. All figures are in U.S. dollars unless otherwise stated.

"The Oyu Tolgoi team turned in another strong performance with production of 36,735 tonnes of copper and 113,054 ounces of gold, generating revenue of $317.8 million, a 14% increase over the same quarter last year despite the impact of significant COVID related challenges experienced during the quarter which included a series of lockdowns and constraints on staffing levels." stated Steve Thibeault, Interim Chief Executive Officer of... More