SouthGobi reports loss as Mongolia mine stays closed - FAST NEWS - Mineweb.com Mineweb: "The Mongolia government suspended the mining license of the company, which operates the Ovoot Tolgoi coal mine, in April following a bid by Chinese state-owned Chalco.
Chalco dropped its $926 million bid for a majority stake in SouthGobi in early September in the face of stiff political opposition."
'via Blog this'