Southgobi Resources Ltd


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Next Event

Q4 2021 SouthGobi Resources Ltd Earnings Release

Latest Developments


SouthGobi Resources Announces Q3 2021 Financial And Operating Results

Southgobi Resources Says Coal Exports Into China Suspended

Southgobi Resources Sees Net Loss Between $7 Mln & $11 Mln For Qtr


About Southgobi Resources Ltd

SouthGobi Resources Ltd. is a coal mining, development and exploration company. The Company owns the coal mine and coal projects in Mongolia, which includes the Ovoot Tolgoi Mine, the Soumber Deposit, the Zag Suuj Deposit and the Ovoot Tolgoi Underground Deposit. Its Ovoot Tolgoi Mine is located approximately 40 kilometers from the Shivee Khuren-Ceke crossing at the Mongolia-China border (Shivee Khuren Border Crossing), is the Company's flagship asset. The Ovoot Tolgoi Mine consists of over two pits, namely the Sunrise and Sunset pits. The Soumber Deposit comprises of the Central Soumber, East Soumber, Biluut, South Biluut and Jargalant fields, is located approximately 20 kilometer east of the Ovoot Tolgoi Mine. The Zag Suuj Deposit is located approximately 150 kilometer east of the Ovoot Tolgoi Mine and approximately 80 kilometer north of the Mongolia-China border.



Contact Info

250 Howe St


V6C 3R8



Executive Leadership

Dalanguerban ..

Chief Executive Officer, Executive Director

Alan Ho

Acting Chief Financial Officer

Tao Zhang

Vice President - Sales

Munkhbat Chuluun

Vice President - Public Relations, President and Executive Director of SouthGobi Sands LLC

Kino Fu

Deputy Chief Financial Officer

Key Stats

Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)

Latest News

Latest News

Gold price dip lures some buyers in India, demand sags elsewhere

Retail demand for physical gold picked up slightly in India this week on a dip in domestic prices and a festival, but top bullion hubs across Asia saw muted activity.

Asia Gold-India discounts hit 5-month high as price dip fails to stir demand

Dealers in India offered the highest discounts on gold in five months this week as a dip in domestic prices failed to revive demand, while in top consumer China prices remained at a sharp discount to the international market.

Empty jewellery shops plague India market as Dubai exports arrive

Physical gold dealers in India this week offered the highest discounts in more than one and a half months, as buyers stayed away even as more bullion flowed in from the United Arab Emirates.

Asia Gold-Dwindling demand pushes Chinese discounts to record high

Chinese discounts for physical gold scaled yet another record peak versus global spot rates this week as the COVID-19 pandemic continued to choke retail appetite, with even a price dip failing to lure consumers in India.

Asia Gold-Soaring prices further erode lustre in pandemic-hit retail hubs

* Indian prices track global rates to record high, premiums ease

Asia Gold-Chinese discounts hit record as pandemic hammers physical demand

Chinese gold dealers were forced to offer the steepest-ever discounts this week as physical demand plunged, while the Indian market flipped to a premium again.

Asia Gold-India flips to discount, silver gains favour in top hubs

* Many retail investors, business sell gold in Singapore-dealer

Asia Gold-India, China retail markets reel from pandemic pain

Physical bullion remained out of favour this week among consumers in top hubs China and India in the grip of the coronavirus, while investors in Singapore and Japan bought gold and silver to safely park their wealth.

Asia Gold-India dealers charge premiums as imports, smuggling stall

Physical gold sold at a premium in India this week for the first time this year, driven by plunging imports and a near halt in smuggling that offset the impact of high unemployment and a rise in domestic prices across Asia that could deter buyers.

Asia Gold-Physical demand in China, India continues to wane as virus weighs

* Some consumers start selling gold to cash in on high prices

Asia Gold-Discounts widen in top Asian hubs as COVID-19 keeps buyers indoors

* Pent up demand heading to retail outlets in Singapore-analyst

Asia Gold-Demand on the mend, but price rise deters buyers

* Chinese gold demand appears to be rebounding- Goldman Sachs

Asia Gold-India demand still muted, Bangladesh to scrap import taxes

* Jewellery showrooms reopen in India, customers missing- dealer

Asia Gold-India dealers offer big discounts as virus fears stifle demand

* Supply tight amid higher physical demand in Singapore-dealer

Asia Gold-Top hubs struggle as customers continue to keep away

Asian physical gold hubs struggled to regain footing this week as most retail customers stayed away even as some coronavirus restrictions were eased.

Asia Gold-Demand slowly returns as top hubs reopen

Physical gold demand picked up in top Asian hubs this week as economies gradually come out of coronavirus lockdowns and as investors continued to buy bullion as a hedge against a worsening economic backdrop.

Asia Gold-Demand still lacklustre as top hubs gradually open shop

Physical gold demand was tepid in most Asian centres this week with retail buying yet to see any significant recovery even as top hubs India and China eased some coronavirus-driven restrictions.

Demand picks up in China, lacklustre in other hubs

Physical gold demand improved in top hub China this week as buyers took advantage of hefty discounts, while activity remained muted in other hubs due to lockdowns and holidays. Dealers in China were selling gold at an average discount of about $30 an ounce versus benchmark...

Asia Gold-Demand steady in Singapore, little action elsewhere

* Key Indian gold buying festival failed to revive gold demand

Asia Gold-Lockdowns keep retail buyers away in top gold hubs

* Jewellery shops to remain shut during major Indian festival

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.