ProactiveInvestors: Prophecy Coal – 2011 in review, expects to secure project financing for Chandgana in 2012

Prophecy Coal provided investors with a full year 2011 recap to its operational activities Wednesday. Namely, the company focused on its operations at the Ulaan Ovoo mine, located 430 kilometres from the Mongolian capital city of Ulaanbataar, and about 17 kilometres from the Russian border. The company advanced the Ulaan Ovoo project to production, having mined 230,000 tonnes of coal to date, and selling a total of 130,000 tonnes of coal. To read the full article, click hereProphecy Coal – 2011 in review, expects to secure project financing for Chandgana in 2012

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