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    coal investing

    SouthGobi Resources Provides Operational Update; Coal Quality Review

    Written by Investing News Network
    |
    Nov. 11, 2010 08:10AM PST

    SouthGobi Resources Ltd. (TSE:SGQ) reports an update to its coal quality review and operations.

    SouthGobi Resources Ltd. (TSX:SGQ) reports an update to its coal quality review and operations.

    The press release is quoted as saying:

    In the results for the quarter ended June 30, 2010 the Company highlighted two issues which had the potential to impact the second half of 2010. Firstly, the near-term mine plan included proportionately less of the better quality raw semi-soft coking coal coming from the Sunset Pit No. 5 seam. Secondly, the Company is currently experiencing areas of higher sulphur than originally anticipated.

    Click here to access the entire news release.

    Click here to access SouthGobi’s company profile.

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