Turquoise Hill Resources - formerly Ivanhoe Mines (IVN) - reports a $0.35/share net loss in its...

|About: Turquoise Hill Resources Ltd. (TRQ)|By:, SA News Editor

Turquoise Hill Resources - formerly Ivanhoe Mines (IVN) - reports a $0.35/share net loss in its Q2 as it worked toward getting a massive copper and gold mine in Mongolia into commercial production next year. TRQ expects final costs of the project's first phase at $6.2B, which is 3% over the initial budget, excluding forex impacts.