Canadian-based SouthGobi Energy
Resources Ltd. has purchased a second fleet of coal mining equipment
for the Ovoot Tolgoi coal mine in southern Mongolia.
Purchased from Monnis International,
SouthGobbi has selected a larger Liebherr 996 34-cubic-metre shovel,
four 240-ton Terex haul trucks and various auxiliary equipment. Delivery
and commissioning of the equipment is scheduled for the second quarter
2009.
On March 31 SouthGobi was issued
a mining permit for Ovoot Tolgoi, allowing for open-pit mining to proceed.
The Ovoot Tolgoi mine is located 45 kilometers north of the Mongolian
border with China. A Chinese steel mill already has built a railway
line to the Ceke border point, where a major, automated railcar loading
facility opened last year.
The Mongolian Government is
formally transforming the Ceke border point into a full-time border
crossing that will allow daily distribution of Ovoot Tolgoi coal to
customers in China.
In March 2008, SouthGobi began
stripping and developing the first coal-mining production benches for
the planned open-pit mine. Coal deliveries are expected to start in
the third quarter 2008 to customers in China.
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