|Turquoise Hill Resources - TRQ.t is advancing the flagship Oyu Tolgoi Project, one of the world's largest copper-gold-silver mines. |
The Oyu Tolgoi Project represents an investment of over $ 8 billion
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Turquoise Hill loses $736.68-million (U.S.) in Q2
"The Oyu Tolgoi open-pit mine continued its strong performance through the second quarter of 2019," said Ulf Quellmann, Turquoise Hill's chief executive officer. "Revenue of $382.7 million in Q2'19 was a 12% increase on a year-over-year basis, while copper and gold production were essentially flat and up 44% over Q2'18 respectively.