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

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SouthGobi Resources Ltd

SouthGobi Resources Ltd 2023 Annual Report

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