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 MongoliaOn April 16, 2012, SouthGobi announced that the Mineral Resources Authority of Mongolia ("MRAM") held a press conference announcing a request to suspend exploration and mining activity on certain li
HONG KONG, CHINA — (Marketwire) — 04/24/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi" or "the Company") announced today that the expected closing date of the sale of the Tsagaan Tolgoi Deposit to Modun Resources Limited (ASX: MOU) ("Modun") is extended to be on or before December 31, 2012. On April 16, 2012 SouthGobi announced the Mineral Resource Authority of Mongolia requested suspension of certain of the Company-s mining and exploration l
HONG KONG, CHINA — (Marketwire) — 04/18/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) today announced the resignation of director John Macken. Mr. Macken has been a member of the board since June 2007."We thank Mr. Macken for his guidance and service throughout the formative years of the Company," said Mr. Peter Meredith, Chairman of the Board.About SouthGobi ResourcesSouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal
HONG KONG, CHINA — (Marketwire) — 04/01/12 — SouthGobi Resources Ltd. ("SouthGobi") (TSX: SGQ)(HKSE: 1878) announced today that it has entered into a Cooperation Agreement with Aluminum Corporation of China Ltd. ("CHALCO"), and further announces that it has received notice that CHALCO intends to make a proportional take-over bid for up to 60% of the issued and outstanding common shares of SouthGobi.SouthGobi has been informed that CHALCO intends to make a take-over bid f
Conference Call to Discuss Results
HONG KONG, CHINA — (Marketwire) — 03/05/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Resources Limited (ASX: MOU) ("Modun").SouthGobi intends to facilitate the sale of Tsagaan Tolgoi through the transfer of a wholly-owned subsidiary holding one mining license (15041A) and one exploration license (7262X) pertaining to that deposit.Under the transaction, SouthGobi expects to
HONG KONG, CHINA — (Marketwire) — 01/18/12 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) announces the successful completion of 2011 on guidance in terms of coal sales and production. The 2011 sales and production levels represent significant achievements for SouthGobi.SouthGobi 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 fu
Conference call and webcast to discuss results