Asset Report
Soumber coal mine
Report summary
Soumber is a green field project located 20 kilometres east of SouthGobi's flagship mine, Ovoot Tolgoi, in southern Mongolia and 55 kilometres north-east of Chinese border. The mine is expected to share some general infrastructure with Ovoot Tolgoi, supplying its coal to Chinese customers. SouthGobi converted Soumber's Exploration Licence to a Mining Licence in July 2011. Currently, the company is evaluating the funding options and is in process of finalising detailed feasibility. In February 2015, Turquoise Hill sold a 22% stake in SouthGobi to Novel Sunrise Investments (Novel). An equity issue thereafter made Novel the largest shareholder in SouthGobi.
Table of contents
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Summary
- Key issues
Tables and charts
This report includes 13 images and tables including:
- Detailed map
- Coal seams
- Marketable reserves (at 1 January 2020)
- Production
- Production
- Operations
- Infrastructure
- Cash costs and margin (US$/tonne)
- Cash costs
- Capital costs
- Coal quality
- Economic assumptions
What's included
This report contains:
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