US Reconsiders Pacific Coal Exports as Consumption Rises in India, Japan
The US is pushing to block coal exports as Japan and India compete for supply.
Articles Tagged "SouthGobi Resources Ltd"
SouthGobi Plans Production of 3.2 Million Tonnes for 2013 with Ovoot Tolgoi Back Online
SouthGobi Resources Ltd. (TSX:SGQ) announced that they have resumed operations at their Ovoot Tolgoi coal mine.
Chalco Drops Bid for SouthGobi Resources
Chinese state-controlled aluminum miner Chalco has dropped a $926 million bid for up to 60 percent of SouthGobi Resources. The stake is owned by Canadian company Turquoise Hill Resources (TSX:TRQ)(NYSE:TRQ)(NASDAQ:TRQ), developer of the massive Oyu Tolgoi copper-gold complex in Mongolia and formerly Ivanhoe Mines.
SouthGobi and Modun Agree to Cancel Tsagaan Tolgoi Sale
SouthGobi Resources Ltd. (TSX:SGQ) announced that it will not be selling its Tsagaan Tolgoi coal deposit to Modun Resources Ltd. (ASX:MOU); the decision not to go forward with the sale was mutual.
Mongolia’s Coal Diplomacy
Landlocked and loaded with coal, Mongolia is playing a game of diplomacy with neighboring China and Russia as it unlocks its vast resource potential.
Ivanhoe Mines Agrees to Thirty Day Extension on SouthGobi Proportional Takeover
SouthGobi Resources Ltd.(TSX:SGQ) announced that Ivanhoe Mines and Chalco have agreed to a thirty day extension. The thirty day extension applies to the proportional takeover bid for SouthGobi Resources.
South Gobi Commences Construction of New Road from Ovoot Tolgoi
SouthGobi Resources Ltd.(TSX:SGQ) announced that it has commenced construction of a new paved coal highway from its Ovoot Tolgoi complex to the Mongolia-China border. Construction started on June 16, 2012.
Expanded Border Crossing Infrastructure at Mongolia Advantageous for SouthGobi
SouthGobi Resources Ltd. (TSX:SGQ) welcomes the opening of eight new border gates that are exclusive for coal transportation at the Shivee Khuren-Ceke border crossing on May 28, 2012, significantly increasing the capacity for exportation of coal from Mongolia to China.
SouthGobi Resources’ First Quarter 2012 Financial Results To Be Announced On May 14, 2012
SouthGobi Resources Ltd. (TSX:SGQ) will announce its first quarter 2012 financial results before on Monday, May 14, 2012, on a conference call and audio webcast.
John Macken Resigns from SouthGobi Board
SouthGobi Resources Ltd. (TSX:SGQ) announced the resignation of director John Macken. Mr. Macken from its board of directors.
