SouthGobi Resources Ltd news

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SouthGobi Resources Ltd faces insolvency following 'harsh' tax evasion verdict
Canadian miner SouthGobi Resources Ltd. said it could be forced into insolvency if a Mongolian court's ruling that it evaded taxes isn't reversed.
Mongolia Finds SouthGobi Employees Guilty of Tax Evasion  Bloomberg
Court of Justice of Mongolia Declares that SouthGobi Sands and Three of Its ...  Marketwired (press release)
SouthGobi Resources fires CEO Molyneux after Chalco drops bid
The move Wednesday to fire Alex Molyneux is part of Rio's effort to improve strained relations with the Mongolian government and get SouthGobi's idled mine re-started. It comes just a day after Mr. Friedland launched an initial public offering of ...
SouthGobi Resources Announces Appointment of Non-Executive Director
HONG KONG, CHINA--(Marketwired - Feb. 22, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") today announces appointment of Mr. Huiyi Wang as non-executive director of the Company, effective February 18, ...
SouthGobi Resources Announces Private Placement for Proceeds of Up to US$7.5 ...
24, 2015) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces it has entered into a private placement agreement with Novel Sunrise Investments Limited ("Novel Sunrise") as a proposed new significant investor ...
Turquoise Hill to sell remaining stake in SouthGobi Resources  The Globe and Mail
Chinese firm to buy partial stake in SouthGobi from Turquoise Hill  The Northern Miner (subscription)
SouthGobi Resources Announces Resignation of Enkh-Amgalan Sengee as President ...
HONG KONG, CHINA--(Marketwired - March 15, 2015) - SouthGobi Resources Ltd. (TSX:SGQ) (HKSE:1878) ("SouthGobi" or the "Company") announces that effective March 13, 2015, Mr. Enkh-Amgalan Sengee, President and Chief Executive Officer, ...
Turquoise Hill Announces Sale of 29.95% Stake in SouthGobi Resources
... on the main board of the Stock Exchange of Hong Kong (SEHK), providing for the sale to the Purchaser of a 29.95% stake in SouthGobi Resources Ltd. (SouthGobi), an integrated coal mining, development and exploration company operating in Mongolia.
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SouthGobi Resources loses appeal in Mongolian tax case
In late February Mongolian President Elbegdorj Tsakhia may have pardoned three former employees of SouthGobi Resources (TSX: SGQ) who were convicted in a tax evasion case on Jan. 30, and handed jail sentences of between five and six years, but the ...
SouthGobi Loses Appeal for $18 Million Fine in Mongolia Tax Case  Bloomberg
Turquoise Hill sale of stake in Mongolia's SouthGobi falls through
In July last year, Turquoise Hill agreed to sell the majority of its stake in the coal miner to Hong Kong-listed National United Resources Holdings for Cdn$12.8 million. And in February, it said Novel Sunrise Investments was buying the remainder for ...
Fortune Lost: The short, brutal and costly ride of China Investment Corp. in ...
SouthGobi Resources Ltd. has become a sad story in Canada's mining sector. The Vancouver-based company, which operates in Mongolia, is almost entirely out of cash.
Ontario judges no longer 'pushovers' in securities class actions
There is mounting evidence that Ontario judges and courts aren't pushovers when it comes to allowing statutory securities class actions to proceed.