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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.

Oyu Tolgoi woes hit Turquoise Hill's bottom line Oyu Tolgoi woes hit Turquoise Hill's bottom line Oyu Tolgoi woes hit Turquoise Hill's bottom line Oyu Tolgoi woes hit Turquoise Hill's bottom line Oyu Tolgoi woes hit Turquoise Hill's bottom line

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.

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