SouthGobi Resources Ltd 2023 AR2
The report highlights SouthGobi Resources Ltd.'s operational and financial recovery in 2023, driven by the resumption of major mining and coal washing operations. The company achieved record-high production waste movement of 25.71 million bank cubic meters, with raw coal production and sales reaching 4.05 million tonnes and 3.59 million tonnes, respectively. Financially, SouthGobi recorded a profit from operations of $75.9 million, a significant increase from $13.6 million in 2022, aided by improved coal prices in China. On the sustainability front, the company actively participated in Mongolia's 'One Billion Trees' campaign by planting 23,700 trees and continued its community scholarship program.
Company: SouthGobi Resources Ltd
Sector: Energy
Country: Canada
Year: 2023
Type: AR2
Pages: 221
SouthGobi Resources Ltd
Annual Report
The report highlights SouthGobi Resources Ltd.'s operational and financial recovery in 2023, driven by the resumption of major mining and coal washing operations. The company achieved record-high production waste movement of 25.71 million bank cubic meters, with raw coal production and sales reaching 4.05 million tonnes and 3.59 million tonnes, respectively. Financially, SouthGobi recorded a profit from operations of $75.9 million, a significant increase from $13.6 million in 2022, aided by improved coal prices in China. On the sustainability front, the company actively participated in Mongolia's 'One Billion Trees' campaign by planting 23,700 trees and continued its community scholarship program.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 2:
Water Consumption
Women on Board
Workplace Fatalities
Employees