Last C$0.50 CAD
Change Today 0.00 / 0.00%
Volume 37.6K
SGQ On Other Exchanges
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As of 3:59 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

southgobi resources ltd (SGQ) Snapshot

Open
C$0.50
Previous Close
C$0.50
Day High
C$0.53
Day Low
C$0.50
52 Week High
12/27/13 - C$0.96
52 Week Low
12/17/14 - C$0.45
Market Cap
109.4M
Average Volume 10 Days
65.3K
EPS TTM
C$-0.81
Shares Outstanding
218.8M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SOUTHGOBI RESOURCES LTD (SGQ)

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southgobi resources ltd (SGQ) Details

SouthGobi Resources Ltd., together with its subsidiaries, mines, explores for, and develops metallurgical and thermal coal deposits in South Gobi region of Mongolia. The company owns interests in 3 mining licenses and 4 exploration licenses that cover an area of approximately 234,000 hectares located in Mongolia. Its flagship project includes the Ovoot Tolgoi mine, which covers a total area of 9,312.27 hectares located in the southwest corner of the Umnugobi Aimag, Mongolia. The company was formerly known as SouthGobi Energy Resources Ltd. and changed its name to SouthGobi Resources Ltd. in May 2010. The company is headquartered in Vancouver, Canada. SouthGobi Resources Ltd. operates as a subsidiary of Turquoise Hill Resources Ltd.

392 Employees
Last Reported Date: 11/10/14

southgobi resources ltd (SGQ) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: $91.9K
Chief Financial Officer
Total Annual Compensation: $129.7K
Executive Director, Member of Mergers and Acq...
Total Annual Compensation: $390.5K
Vice President of Investor Relations & Extern...
Total Annual Compensation: $300.9K
Compensation as of Fiscal Year 2013.

southgobi resources ltd (SGQ) Key Developments

SouthGobi Resources Ltd. Announces Management Changes

SouthGobi Resources Ltd. announced the stepping down of the President and Chief Executive Officer Ross Tromans, effective December 12, 2014 and appointment of Enkh-Amgalan Sengee as President and Chief Executive Officer. Mr. Tromans will remain with the company and on the Board of Directors of SouthGobi until December 31, 2014. The Board announced that Mr. Tromans did not renew the service contract with the company due to his other business and personal commitments and will cease to be the executive director of the Company with effect from December 31, 2014. Accordingly, he will also cease to be a member of Heath, Environment, Safety and Social Responsibility Committee and Mergers and Acquisition Committee. Mr. Enkh-Amgalan Sengee, 39, has been President and Executive Director of SouthGobi Sands LLC. Mr. Enkh- Amgalan Sengee joined SGS from Clean Energy LLC, where he was CEO and led the successful development of the first commercial scale wind farm in Mongolia.

SouthGobi Resources Limited Announces Board Changes

SouthGobi Resources Ltd. announced the retirement of its Chair Ms. Kay Priestly, effective December 1, 2014. Current independent Director Mr. Gordon Lancaster has been appointed Interim Chair and Mr. Jeff Tygesen will join the Board as Director effective December 1, 2014. Mr. Lancaster has been Director of SouthGobi since 2010. He is Chair of the Compensation and Benefits Committee and a member of the Audit Committee and the Nominating and Corporate Governance Committee. Mr. Tygesen is the Chief Executive Officer and Director of Turquoise Hill. Prior to that, Mr. Tygesen has served as Vice-President, Copper Development at Rio Tinto Copper Group.

SouthGobi Resources Limited Announces Resignation of Vincent H. Kou as General Counsel and Corporate Secretary, Effective November 14, 2014

Mr. Vincent H. Kou, SouthGobi Resources Limited's General Counsel and Corporate Secretary, has resigned with an effective date of November 14, 2014. Mr. Kou has accepted a new role with another company.

 

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