Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced its financial results for the period ended June 30, 2022. All figures are in U.S. dollars unless otherwise stated.
"Following the First Quarter inflection points of renewing our partnership with the Government of Mongolia and blasting the undercut of the Oyu Tolgoi underground mine, we have continued to make excellent progress on the underground during the second quarter. We fired the first drawbell of the Oyu Tolgoi underground mine well ahead of schedule and have now fired the first three drawbells ahead of schedule. While we continue to forecast sustainable production in the first half of 2023, this is most certainly trending earlier." stated Steve Thibeault, Turquoise Hill's Interim Chief Executive Officer.