(EnergyAsia, August 12 2011, Friday) — Canadian coal miner SouthGobi Resources Ltd said higher coal prices helped drive up its second quarterly net profit by more than 26% to US$67.3 million compared with year-ago level of US$53.3 million. The company, which operates exclusively in Mongolia and is producing coal from the Ovoot Tolgoi mine for…
MONGOLIA: SouthGobi Resources Q2 net profit up 26.2%
Posted on August 12, 2011 by EnergyAsia