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SouthGobi Plans Production of 3.2 Million Tonnes for 2013 with Ovoot Tolgoi Back Online
Mar. 22, 2013 12:05PM PST
Industrial MetalsSouthGobi Resources Ltd. (TSX:SGQ) announced that they have resumed operations at their Ovoot Tolgoi coal mine.
SouthGobi Resources Ltd. (TSX:SGQ) announced that they have resumed operations at their Ovoot Tolgoi coal mine.
As quoted in the press release:
Production has been fully curtailed since the end of June 2012 and the Company has used this period of halted production to adapt to the new market environment and restructure and reposition its Mongolian business. Operations will resume in a conservative and therefore cost effective, cash positive and sustainable manner.
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