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 Finds SouthGobi Employees Guilty of Tax Evasion  Bloomberg
SouthGobi Resources Ltd.: Update on interest payment obligations with CIC
HONG KONG, CHINA--(Marketwired - Dec. 19, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) (the "Company" or "SouthGobi") today announced the update on interest payment obligations with China Investment Corporation ("CIC").
Update on Turquoise Hill Resources Ltd. Shareholder Loan and Short-Term Bridge ...
SouthGobi, listed on the Toronto and Hong Kong stock exchanges, owns and operates its flagship Ovoot Tolgoi coal mine in Mongolia.
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 Private Placement for Proceeds of Up to US$7.5 ...
HONG KONG, CHINA--(Marketwired - Feb. 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 ...
Rio's Turquoise Hill gets rid of remaining stake in SouthGobi
Rio Tinto's Turquoise Hill Sells SouthGobi Stake  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 ...
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.
Mongolia suspends SouthGobi licences
Earlier this month, Ivanhoe Mines Ltd. agreed to sell its 57.6% stake in SouthGobi to state-owned Aluminum Corp. of China Ltd. (Chalco). The move allows Ivanhoe to focus its resources on the US$6-billion Oyu Tolgoi copper-gold project, also in Mongolia.
SouthGobi Rejects Mongolia Tax Evasion Ruling After Appeal Fails
Canada's SouthGobi Resources Ltd. said it will continue its legal defense after losing its appeal to overturn a ruling that it evaded taxes in Mongolia.
SouthGobi Resources loses appeal in Mongolian tax case  The Northern Miner (subscription)
Novel Sunrise Enters Into an Option Agreement for the Sale of 10% of the ...
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 18, 2016) - Novel Sunrise Investments Limited (Novel Sunrise), the largest shareholder of SouthGobi Resources Ltd. (SouthGobi), announced that on April 15, 2016, it entered into an Option ...