(EnergyAsia, April 4 2012, Wednesday) — Helped by higher coal prices, Canada’s SouthGobi Resources Ltd reported a net loss of C$18.9 million for 4Q2011, down from C$28.7 million for the same period a year ago.The Toronto-listed company, which is also developing new deposits in Soumber and Ovoot Tolgoi in Mongolia said revenue rose 23% to…
MONGOLIA: SouthGobi Resources reported small loss for 4Q on higher coal prices
Posted on April 4, 2012 by EnergyAsia