HONG KONG, CHINA -- (Marketwire) -- 08/13/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) (the "Company" or "SouthGobi") today announced its financial and operating results for the three and six months ended June 30, 2012. All figures are in U.S. dollars unless otherwise stated.
HIGHLIGHTS
The Company's highlights for the quarter ended June 30, 2012 and subsequent weeks are as follows:
HONG KONG, CHINA -- (Marketwire) -- 08/02/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi") was notified today that Ivanhoe Mines and Chalco have agreed to extend by an additional thirty days until September 4, 2012 the time for Chalco to make a proportional takeover bid for up to 60%, but not less than 56% of the common shares of SouthGobi. The press release issued by Ivanhoe Mines and Chalco [...]
Conference Call to Discuss ResultsHONG KONG, CHINA -- (Marketwire) -- 08/01/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) will release its second quarter 2012 financial results before TSX market open on Monday, August 13, 2012.
The company will host a conference call and audio webcast to discuss second quarter 2012 financial results and provide an update on the company's operations. Date and time of the call [...]
HONG KONG, CHINA -- (Marketwire) -- 07/11/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi") announced today that SGQ Coal Investment Pte. Ltd., a wholly owned subsidiary of SouthGobi that owns the Company's Mongolian operating subsidiary SouthGobi Sands LLC ("SGS"), has filed a Notice of Investment Dispute on the Mongolian Government pursuant to the Bilateral Investment Treaty ("BIT") between Singapore [...]
HONG KONG, CHINA -- (Marketwire) -- 07/03/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi") was notified today that Ivanhoe Mines and Chalco have agreed to extend by thirty days the time for Chalco to make a proportional takeover bid for up to 60%, but not less than 56% of the common shares of SouthGobi. The press release issued by Ivanhoe Mines and Chalco regarding the extension is available on [...]
HONG KONG, CHINA -- (Marketwire) -- 06/25/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HK: 1878) ("SouthGobi") operations continue to be effected by a number of external factors including regulatory issues in Mongolia and deteriorating market conditions.
Regulatory issues in Mongolia
On April 16, 2012, SouthGobi announced that the Mineral Resources Authority of Mongolia ("MRAM") held a press conference announcing a [...]
HONG KONG, CHINA -- (Marketwire) -- 06/19/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) announced today that construction has commenced on a new paved coal highway to the Mongolia-China border. A ribbon-cutting ceremony was held June 16, 2012 to commemorate the start of construction.
On August 2, 2011, the State Property Committee of Mongolia awarded the tender to construct a paved highway from the Ovoot Tolgoi [...]
HONG KONG, CHINA -- (Marketwire) -- 05/29/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) notes that eight new border gates exclusively for coal transportation opened at the Shivee Khuren-Ceke border crossing on May 28, 2012. The gates will significantly increase the capacity for exportation of coal from Mongolia to China.
Prior to the commencement of the new border crossing infrastructure, all coal transported [...]
HONG KONG, CHINA -- (Marketwire) -- 05/14/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HK: 1878), (the "Company" or "SouthGobi") today announced its financial and operating results for the three months ended March 31, 2012. All figures are in U.S. dollars unless otherwise stated.
HONG KONG, CHINA -- (Marketwire) -- 05/08/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi") notes its share price fell by 13.0% in Hong Kong on May 8, 2012. The Company believes the activity could be associated with two recent events. First, SouthGobi understands a bill regarding foreign investment in Mongolia proceeded through first reading in the State Great Khural. In its current version, the bill [...]
Conference Call to Discuss ResultsHONG KONG, CHINA -- (Marketwire) -- 05/03/12 -- SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) will release its first quarter 2012 financial results before TSX market open on Monday, May 14, 2012.
Chalco and Ivanhoe Mines make reference to the announcement made by SouthGobi Resources on 16 April, 2012 regarding an announcement in a press conference by the Mineral Resources Authority of Mongolia of a proposed request to suspend exploration and mining activity on certain licenses pertaining to SouthGobi's Ovoot Tolgoi Mine. It was mentioned that MRAM had stated that the move is in relation to the proposed [...]