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• We are the largest US invested Company in Mongolia • We have held the Number One Ranking in ’s DCSSI, for ... Assembly made at the Ovoot Tolgoi SGS mine site, South Gobi of Mongolia, 2011. Delivery 994H to Customer ... • Project Management –UHG –OT –Khushuut –SGS/ MAC •Technology Products & Fleet ...

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The Company owns the following significant coal projects in Mongolia: the Ovoot Tolgoi open pit coal mine ("Ovoot Tolgoi Mine") and three development projects, the Soumber Deposit, the Zag Suuj Deposit and the Ovoot Tolgoi Underground Deposit.

The Company's Ovoot Tolgoi Mine cash generating unit carrying value was $169.3 million as at December 31, 2016. ... the Company announced that SGS had …

In particular, after conducting an impairment test on the Ovoot Tolgoi Mine cash generating unit, the Company recorded an $76.7 million impairment charge in 2015 (refer to "Ovoot Tolgoi Mine ...

Southgobi Sands Supported in The Library Renovation Project of A Secondary School in Gurvantes Soum Southgobi Sands to build 42-unit apartment building 20 Students received scholarships from SouthGobi Sands

Mar 29, 2016· In particular, after conducting an impairment test on the Ovoot Tolgoi Mine cash generating unit, the Company recorded an $76.7 million impairment charge in 2015 (refer to "Ovoot Tolgoi …

The Ovoot project is being developed by Aspire Mining, an Australia-headquartered metallurgical coal and infrastructure company focused on coal export from Mongolia. The project is expected to produce up to 10Mtpa (million tonnes per annum) of coking coal over 21 years of mine life.

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sands, LLC (SGS), a wholly owned subsidiary of Ivanhoe, during 2007. Subsequent to the ... exploration and mining leases concerning the Ovoot Tolgoi project. In accordance with National Instrument 43-101, Norwest has used the referenced document, the ... a Chinese company. The Ovoot . I* ) . -) .

Mongolian aspirations Placement and Strategic Partnership with SouthGobi Resources: Aspire Mining (AKM) has entered into a binding agreement with Mongolian coal producer ... Major Project Ukhaa Khudag Khusuut Ovoot Tolgoi - Home to two ‘globally significant’ deposits Paving the way for junior ... ~20% of the Company for~ $650m. Winsway is ...

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The Company can earn a 70% interest in the Project by presenting a JORC-compliant resource within three years. The license area is approximately 165 kilometres west of the Ovoot Coking Coal Project …

In particular, after conducting an impairment test on the Ovoot Tolgoi Mine cash generating unit, the Company recorded an $76.7 million impairment charge in 2015 (refer to "Ovoot Tolgoi Mine Impairment Analysis" of Financial Position and Liquidity section for details).

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Pursuant to the Settlement Deed, SGS has agreed to pay to First Concept the sum of US $13,891,370 (“Settlement Sum”), together with simple interest thereon at the rate of 6% per annum from ...

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-- Updated Resource Estimate - Ovoot Tolgoi Mine - As a consequence of material changes in some key assumptions underlying the analysis of its resources subsequent to the last detailed review of ...

The company also is very pleased to report that it has received an initial independent NI 43-101 compliant resource estimate for its Soumber coal project, 16 kilometres east of the company's ...

SGS and the Company will continue to comply with the laws of Mongolia and to contribute to Mongolia’s society, economy, and environment as a whole. ... owns and operates its flagship Ovoot ...

The Company's flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.

The Ovoot Tolgoi Mine, strategically located approximately 40km 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 has two distinct areas, namely the Sunrise and Sunset Pits.

The project is also strategically located approximately 50km east of Nariin Sukhait, which includes SouthGobi Resources (SGS) Ovoot Tolgoi mine and the MAK mine, which currently produces and exports coking and thermal coal to customers in China.

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SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia. It also holds the mining and exploration licences of its other metallurgical and thermal coal deposits in South Gobi Region of Mongolia.

Mining Update - Mongolia ... (SGS) Ovoot Tolgoi mine and the MAK mine, which produce and export coking and thermal coal to customers in China. The South Gobi Project is located ... Erdenes Tavan Tolgoi Project for McMahon Holdings Ltd. The mining contractor is an experienced Mongolian