Phase 2 at Olympus to start
Zijin chairman Chen Jinghe said the company intends to continue to add assets to its global mix
The deadline for the vote is 26 August
Turquoise Hill's principal asset is the Oyu Tolgoi copper-gold mine in Mongolia
"Unplanned down time is high due to ... recruitment and retention challenges"
The company now guides for 28,000-31,000 GEOs for the year, down from 32,000-35,000 GEOs
Drilling to increase
Says market "not conducive" to gold M&A
Previously guided 65,000-70,000 GEOs for this year
Earnings were fairly well in line with estimates
Adjusted EPS fell to $0.02 in Q2, down from $0.07 a year earlier
Q2 EBITDA was $57.9 million, up 5% year on year, while earnings per share fell $0.01 from $0.09
Performance rebounds, further improvement to come
Gold AISC up 76%, underground hit by costs
Firm cuts output guidance, lifts AISC
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