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Turquoise Hill announces financial results and review of operations for the first quarter of 2021 morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Turquoise Hill announces financial results and review of operations for the first quarter of 2021 News provided by Share this article Share this article MONTREAL, May 12, 2021 /PRNewswire/ - Turquoise Hill Resources Ltd. ( Turquoise Hill or the Company ) today announced its financial results for the period ended March 31, 2021. All figures are in U.S. dollars unless otherwise stated. Oyu Tolgoi had an exceptionally strong first quarter with production of 45,449 tonnes of copper and 145,656 ounces of gold. Our strong operational performance combined with rising copper and gold prices generated revenue of $526.5 million, a 303% increase over the same quarter last year. stated Steve Thibault, Interim Chief Executive Officer of Turquoise Hill Resources. ....