Southern Gobi (01878): The mineral deposits covered by the four Mongolian mining licenses have been designated by the Mongolian government authorities as being of important strategic significance.

date
09/05/2025
Wisdom Finance APP news, Nan Ge Bi (01878) announced that on April 2, 2025, the company's wholly-owned Mongolian subsidiary Southgobi Sands LLC (SGS) received a letter (notice) from the Mongolian government's authorized representative inviting SGS to participate in negotiations regarding the determination of ownership rights and interests of the Mongolian government in SGS (the legal entity holding the company's mining license in Mongolia).