SouthGobi Resources Ltd - Company Profile
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SouthGobi Resources Ltd (SouthGobi) is a coal mining, exploration and development company. A strong asset base, strong cash position and exploration projects strengthen its operations, even as increasing debt and operating performance is a cause for concern. Positive outlook for the Hong Kong construction industry, development plans and growing consumption of coal worldwide could provide growth opportunities for the company. However, stringent regulations and risks related to mineral licenses in Mongolia, operational risks and stiff competition could affect its operations.
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