Coal trucks leave the SouthGobi Resources mine in Ovoot Tolgoi, Mongolia. Photo: Bloomberg

Coal miner SouthGobi to cut staff after posting US$55m net loss

Name: SCMP
Telephone: +852-2680-8888

Coal miner reverses previous year's gainsin the third quarter amid 94.5 per cent fall in revenue as soft markets take their toll

+ FOLLOW

Published: 12:00am, 14 Nov, 2012

Updated: 3:18am, 14 Nov, 2012

Coal trucks leave the SouthGobi Resources mine in Ovoot Tolgoi, Mongolia. Photo: Bloomberg

READ FULL ARTICLE