PROFIT & LOSS

Oyu Tolgoi woes hit Turquoise Hill's bottom line

Likely delays and a cost blowout for the underground expansion at Oyu Tolgoi in Mongolia have contributed to Turquoise Hill Resources’ (TSX: TRQ) loss for the June quarter of US$736.7 million.

Staff reporter
The Oyu Tolgoi copper-gold mine in Mongolia

The Oyu Tolgoi copper-gold mine in Mongolia

The company's recent low share price has also drawn an automatic warning from the New York Stock Exchange. Turquoise Hill's loss compares with an income of $204.4 million for the previous corresponding...

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