(EnergyAsia, January 14 2011, Friday) — SouthGobi Resources Limited, a Canadian mining firm focused on exploring and developing Permian-age metallurgical and thermal coal deposits in Mongolia, said it has purchased a stake in Australia’s Aspire Mining Limited through a private placement. Its intentions announced last October 26, SouthGobi acquired 105,860,186 common shares of Aspire for…
AUSTRALIA: SouthGobi Resources completes strategic investment in Aspire Mining
Posted on January 13, 2011 by EnergyAsia