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.
Court of Justice of Mongolia Declares that SouthGobi Sands and Three of Its ...  Marketwired (press release)
Mongolia convicts SouthGobi and three former employees of tax evasion  The Northern Miner (subscription)
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 ...
Turquoise Hill to sell remaining stake in SouthGobi Resources
Turquoise Hill Resources has reached a deal to sell its remaining stake in SouthGobi Resources Ltd., a coal mining business in Mongolia.
SouthGobi Resources Announces Private Placement for Proceeds of Up to US$7.5 ...  Marketwired (press release)
Rio's Turquoise Hill gets rid of remaining stake in SouthGobi  MINING.com
SouthGobi Resources Announces Formation of Strategic Advisory Board and ...
HONG KONG, CHINA--(Marketwired - Sept. 19, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") is pleased to announce the establishment of a Strategic Advisory Board and the appointment of Mr. Abraham (Braam) ...
Turquoise Hill Announces Disposal of Shares of SouthGobi Resources
VANCOUVER, BC--(Marketwired - September 22, 2016) - Turquoise Hill Resources (Turquoise Hill or the Company) today announced that it has disposed of 375,000 common shares (the Shares) of SouthGobi Resources Ltd. (SouthGobi) on September 22, ...
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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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 ...
Turquoise Hill deal to exit Mongolia miner SouthGobi falls through  Reuters
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.
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
SouthGobi Comments on Reported Settlement of Tax Verdict
HONG KONG, CHINA--(Marketwired - May 18, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") notes recent Mongolian media reports in connection with a reported settlement of a US$16.5 million residual financial ...