SouthGobi Resources is a Canadian coal mining company listed on the Hong Kong Stock Exchange and Toronto Stock Exchange. The company's primary asset is a coal mine and development projects of coal assets in Mongolia.
A proposed acquisition of the company by a Chinese state owned mining firm in 2012 was thwarted by resource nationalism in Mongolia. The blocked deal led to a chain of events that negatively affected the Mongolian economy for the rest of the decade. Quickly in response to the announced deal, Mongolia passed an investment review law in Mongolia (shortly repealed after enactment) that while only briefly in force stunted for years foreign investor confidence in the country, which had been a darling in emerging markets investment circles before 2012.[2]
After the blocked deal, SouthGobi would itself face an equally dramatic fall from grace as the Mongolian economy. By 2015, the company lost 98% of its once sky high $3 billion Canadian dollar market capitalization that had peaked in 2012.[3]
^ abcdefgCorporation, S. G. R. L. "SouthGobi Resources Annual report 2022" (PDF). Hkexnews.hk. Retrieved 29 December 2023.
^"The Jailing of Foreigners in Mongolia Is Unnerving the Business Community". Time. February 5, 2015.
^"Turquoise Hill deal to exit Mongolia miner SouthGobi falls through". Reuters. May 1, 2015.
and 27 Related for: SouthGobi Resources information
SouthGobiResources is a Canadian coal mining company listed on the Hong Kong Stock Exchange and Toronto Stock Exchange. The company's primary asset is...
Tinto, South Africa: Mining Weekly, 2013 "SouthGobi Energy Resources increases resource base by 39 %". 2009-10-12.[permanent dead link] "SouthGobi announces...
the Gobi itself rather than sandy deserts. The Gobi measures 1,600 km (1,000 mi) from southwest to northeast and 800 km (500 mi) from north to south. The...
southwest of the regional capital of the Dalanzadgad, and 950 kilometers south of the national capital of Ulan Bator. Aviation portal List of airports...
foreign investment law passed in reaction to a proposed acquisition in SouthGobiResources by a Chinese state owned mining company in 2012. On April 13, 2017...
particles generated here affects South Korea. Deserts where Yellow dust usually occurs include Taklamakan, Ordos, and Gobi. In South Korea, Yellow Dust usually...
per year, and lowest in the south, which receives 100 to 200 millimeters (3.9 to 7.9 in). The extreme south is the Gobi Desert, some regions of which...
securing funding for the exploration and development of mineral and energy resources and technology ventures. He is the founder and chairman of his private...
The centre has desert steppes. In the south, there are semi deserts as well as the hot Gobi desert in the south, the fifth-largest desert in the world...
fishing. The Convention for the Conservation of Antarctic Marine Living Resources, an international treaty that came into force in 1980, regulates fisheries...
National Nature Reserve in China, and a smaller population lives in the Great Gobi A Strictly Protected Area in Mongolia. There are also populations in the...
regionalized names including Altai ibex, Asian ibex, Central Asian ibex, Gobi ibex, Himalayan ibex, Mongolian ibex or Tian Shan ibex, is a polytypic species...
and Gobi-Altai aimag. Locally, Zavkhan's environment is considered "Gobi-Khangai" (Говь хангай), since it connects the Gobi Desert in the south with...
disturbed. However, when animals come into the human world to compete for resources, it often leads to conflict. In Kenya, once the sun has set, African elephant...
and diverse, ranging from the Gobi and Taklamakan Deserts in the arid north to the subtropical forests in the wetter south. The Himalaya, Karakoram, Pamir...
affected are located in Africa (Sahel region), Asia (Gobi Desert and Mongolia) and parts of South America. Drylands occupy approximately 40–41% of Earth's...
There have been several films about the atrocities of Unit 731. Through Gobi and Khingan [ru] (1981); Coproduction of USSR, Mongolia, Eastern Germany...
The Heart of a Continent: A Narrative of Travels in Manchuria, across the Gobi Desert, through the Himalayas, the Pamirs and Chitral, 1884-94. First published:...
combined open pit and underground mining project in Khanbogd sum within the southGobi Desert, approximately 235 kilometres (146 mi) east of the Ömnögovi Province...
origin, equivalent to the English "Great Wall". Sections of the wall in southGobi Desert and Mongolian steppe are sometimes referred to as "Wall of Genghis...
west and north of the country are dominated by sunken basins (such as the Gobi and the Taklamakan), rolling plateaus, and towering massifs. It contains...
by grassy steppe, with mountains to the north and west and the Gobi Desert to the south. Ulaanbaatar, the capital and largest city, is home to roughly...
mountains and deserts. The Caucasus and Himalaya mountains and the Karakum and Gobi deserts formed barriers that the steppe horsemen could cross only with difficulty...
Global Information
US$73.084 million (2022)[1]
-US$30.419 million (2022)[1]