09:54 AM EST - SouthGobi Resources Ltd. : said that its board has authorized a share repurchase program to purchase up to 2.5 million common shares of the company on each or either of the Toronto Stock Exchange and the Hong Kong Stock Exchange, in aggregate representing about up to five million common shares or 2.7% of the current outstanding common shares of the company. SouthGobi Resources Ltd.
shares T.SGQ are trading up $0.31 at $11.40.