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Southgobi up 6% at open as Chalco bid is extended

Frik Els | August 02, 2012 | 2:07 pm Energy Asia Coal 

SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) climbed 6.25% on Thursday as markets opened after announcing it was notified by majority shareholder Ivanhoe Mines that it has agreed to extend by an additional thirty days until September 4, 2012 an offer by Chalco....

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