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Thursday, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production.
According to the press release received by COALspot.com today, the 2011 sales and production levels represent significant achievements for SouthGobi. SouthGobi has completed the fourth quarter of 2011 in-line with its guidance in terms of coal sales and production.
The Company sold approximately 1.15 million tonnes of coal during the fourth quarter of 2011, resulting in full-year 2011 sales of 4.02 million tonnes against 2.54 million tonnes sold in 2010, an increase in sales of approximately 58%.
Coal production for the fourth quarter of 2011 was approximately 1.34 million tonnes, resulting in full-year 2011 production of approximately 4.57 million tonnes against coal production of 2.79 million tonnes in 2010, showing growth for the year of approximately 64%.
About SouthGobi Resources
SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The Company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.
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Tuesday, 24 January 12
BUKIT ASAM FY11 NET PROFIT SURGES 50% - INSIDER STORIES
Insider Stories reported that, the state-controlled PT Bukit Asam Tbk (PTBA) estimated to book Rp3 trillion (approximately US$ 335,570,469) net prof ...
Sunday, 22 January 12
FREIGHT MARKET DROPPED TO THE LOWEST LEVEL SINCE 2008
COALspot.com - "The markets continued to soften almost reaching 2008 levels breaking the 1,000 point mark", said Capt. Reddy of Vistaar Sh ...
Saturday, 21 January 12
ASIAS PREMIER COMPREHENSIVE OPEN CUT MINING CONFERENCE SCHEDULED FOR FEBRUARY 2012
As the only such conference in the region for miners and service providers, IBC Asia’s Open Cut Mine Planning & Operational Excellence con ...
Saturday, 21 January 12
COAL MARKETS CELEBRATES A DECADE OF BRINGING BUYERS & SELLERS TOGETHER
In 2012, IBC Asia’s premier Coal Markets conference series – Asia’s only globally focused coal import, export and supply chain eve ...
Saturday, 21 January 12
SAMIN TAN COMPLETES BUMI PLC TAKEOVER - INSIDER STORIES
Insider Stories reported that, Indonesian coking coal miner PT Borneo Lumbung Energi & Metal Tbk (BORN), that is controlled by stellar businessm ...
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- Price Waterhouse Coopers - Russia
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- Alfred C Toepfer International GmbH - Germany
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- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
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- Agrawal Coal Company - India
- Baramulti Group, Indonesia
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Chamber of Mines of South Africa
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- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
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- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Metalloyd Limited - United Kingdom
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- Ministry of Mines - Canada
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- The University of Queensland
- Kaltim Prima Coal - Indonesia
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- Kideco Jaya Agung - Indonesia
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- Parliament of New Zealand
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