Turquoise Hill Resources will announce its second quarter financial results on Thursday, July 29, 2021 after markets close in North America.
Shares of Turquoise Hill Resources (NYSE: TRQ) slumped 13.5% by 10:30 a.m. EDT on Friday. Turquoise Hill Resources reported that personnel shortages due to COVID-19 restrictions affected its mining operations during the second quarter. Surging cases in Mongolia forced the country to enact a series of lockdowns, which limited the mining company's ability to maintain the employee levels needed to meet its production goal.
Turquoise Hill Resources Ltd. ("Turquoise Hill" or the "Company") today announced second quarter 2021 production for Oyu Tolgoi LLC ("Oyu Tolgoi") and provided an update on the Oyu Tolgoi mine.