Page 2 - டர்க்கைஸ் மலை வளங்கள் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Significant Trenching Results And Commencement of Drilling at Red Mountain
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Rio Tinto faces FCA probe into $6 75 billion Mongolian mine - FT
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Turquoise Hill announces financial results and review of operations for the second quarter of 2021
Turquoise Hill Resources Ltd. 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 …
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.
By Reuters Staff
(Compares estimates, adds all-in sustaining costs, background)
July 29 (Reuters) - Canadian miner Turquoise Hill Resources Ltd on Thursday beat estimates for second-quarter profit, bolstered by a strong output from the Oyu Tolgoi mine in Mongolia and higher prices of copper and gold.
Prices of the red metal hit a record high in May, boosted by demand from electric-vehicle makers and other clean-energy investments. Bullion prices also rose in the second quarter as a weak dollar and pandemic-related uncertainties lifted its safe-haven appeal.
Turquoise Hill’s copper production from Oyu Tolgoi stood at 36,735 tonnes in the quarter, compared with 36,495 ounces last year. Its gold output more than tripled to 113,054 ounces.
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