Coal Company News Directory

South Gobi Announces First Quarter Financial Results

SouthGobi Resources Ltd. (TSX:SGQ) announced its first quarter 2012 financial results on a conference call and audio webcast. The Company reported that direct cash costs have decreased.

Power Plant Disclosure Clarified by Prophecy Coal

As a result of a review by the British Columbia Securities Commission, Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF,FWB:1P2) clarified previous disclosures on the proposed mine-mouth power plant to be located adjacent to the Company's Chandgana coal deposit in Mongolia.