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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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Monday, 20 February 12
COAL BOOM AND ENVIRONMENTAL CONCERN - SUNIL K KUMBHAT
COALspot.com - The dawn of the 21st century has seen a shift in the world's commercial balance of power, with the dominance of the US, Europe and J ...
Sunday, 19 February 12
THE SPOT FIXTURE RATES WERE REPORTED AT HIGH LEVELS - VISTAAR
COALspot.com - "The markets seems to holding back this week appears the momentum which picked up last week may slow down" - Capt. Reddy of ...
Sunday, 19 February 12
INDIKA ACQUIRES MULTI TAMBANGJAYA - INSIDER STORIES
Insider Stories reported that, PT Indika Energy Tbk (INDY) announced that wholly-owned subsidiaries have signed a conditional sale and purchase agre ...
Friday, 17 February 12
COLOMBIA COAL PRODUCTION, EXPORTS JUMP IN 2011: GOVT - COLOMBIA REPORTS
Colombia Reports reported that, colombia's coal production jumped 15.4% in 2011 to 85.8 million tonnes versus the previous year while exports rose ...
Thursday, 16 February 12
GEARING UP FOR THE EMERGING OIL & GAS OPPORTUNITIES IN MYANMAR
Press Release - Myanmar Ministry of Energy and Centre for Management Technology (CMT) to Co-host MOGP (Myanmar Oil, Gas & Power) Summit on 28 - ...
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- Cement Manufacturers Association - India
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- Eastern Energy - Thailand
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- White Energy Company Limited
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- Bhushan Steel Limited - India
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- Coal and Oil Company - UAE
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- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
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- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Posco Energy - South Korea
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- Vizag Seaport Private Limited - India
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- Parliament of New Zealand
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- Ministry of Transport, Egypt
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- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
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- Baramulti Group, Indonesia
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- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
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- Sree Jayajothi Cements Limited - India
- Planning Commission, India
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- Global Green Power PLC Corporation, Philippines
- Singapore Mercantile Exchange
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