SouthGobi drops plan to sell Mongolia coal deposit | Reuters: "Aug 29 (Reuters) - SouthGobi Resources Ltd said the proposed sale of the Tsagaan Tolgoi thermal coal project in Mongolia to Australian-listed Modun Resources Ltd has been cancelled.
The Mongolia-focused coal miner said it was evaluating options for the deposit, which remained non-core to its operations. The deal value was estimated at $30 million."
'via Blog this'
