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SouthGobi Announces Development of Ceke Logistics Park Project

October 10, 2017 |

HONG KONG, CHINA–(Marketwired – Oct. 10, 2017) – SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (“SouthGobi” or the “Company”) announces that it has entered into an investment agreement (“Investment Agreement”) with Beijing De Rong Tai Investment Co., Ltd. (“BDRT”) on October 10, 2017 in connection with the Company’s development of the Ceke Port  … Read More

Rio Tinto completes Divestment of Coal & Allied Industries Limited for $2.69 billion

September 1, 2017 | Rio Tinto has completed the sale of its wholly-owned subsidiary Coal & Allied Industries Limited to Yancoal Australia Limited.

As quoted in the press release:
Rio Tinto will receive total consideration of $2.69 billion for the sale, together with customary adjustments for net debt and net working capital at completion. The $2.69  … Read More