Turquoise Hill’s stock tanks on Mongolia troubles

Turquoise Hill’s (NSYE: TRQ) stock tanked over 42% on Tuesday, after releasing its Q2 2019 report, revealing costs for the expansion of its Oyu Tolgoi mine could increase by up to $1.9 billion. The estimated cost was initially pegged at $5.3 billion. Oyu Tolgoi is the...