Rio Tinto Seeks to Sell Stake in Ivanhoe Australia

http://online.wsj.com/article/SB10001424127887323741004578415483095012710.html?mod=googlenews_wsj By CYNTHIA KOONS And DAVID WINNING Rio Tinto is accelerating a plan to sell billions of dollars in noncore assets, even as a slowdown in commodities could lower prices for the deals. Copper and gold producer Ivanhoe Australia Ltd. is the latest operation to go on the block. Citigroup has been appointed to run the sale of the 57% stake in Ivanhoe Australia, people familiar with the matter said. Ivanhoe Australia is controlled by Rio Tinto's Turquoise Hill Resources Ltd. unit. From Deal Journal

"Toxic Bob's" Global Search for Gold

http://www.monitor.net/monitor/9612a/toxicbob.html

by Pratap Chatterjee

Interests in the Amazon, Siberia, Rocky Mountains, Africa, and more

(IPS) SAN FRANCISCO -- In his search for the proverbial pot of gold, Robert "Toxic Bob" Friedland has followed the end of the rainbow to the heart of the Venezuelan Amazon, the vast native grasslands of Siberia, high up in the Rocky Mountains, and the Atlantic coast of southern Africa, to name just a few places. Gold speculator extraordinaire Robert Friedland, a dual citizen of Canada and the United States, acquired the nickname "Toxic Bob" in 1969 when he was busted for trying to sell 8,000 "hits" of the hallucinogenic drug LSD to an undercover drug agent in Portland, Maine. But it remains a fitting moniker. Early last month, the U.S. Department of Justice lost a bid to seize $152 million in Friedland's assets in order to pay for the clean-up of cyanide and heavy metal contamination at a mine he financed and developed in the San Juan Mountains of southwestern Colorado. Contamination at the Summitville mine -- stemming from the use of cyanide to extract gold from ore and resulting in the costliest mining disaster ever in this country -- hasn't been Friedland's only encounter with environmental woes.

The Ugly Canadian Robert Friedland and the Poisoning of the Americas

http://www.multinationalmonitor.org/hyper/issues/1994/11/mm1194_08.html

Environment

The Ugly Canadian

Robert Friedland and the Poisoning of the Americas

by Roger Moody The Vancouver Stock Exchange (VSE) has long enjoyed a reputation as the "Wild West" of mining funds. Despite attempts to refurbish its tarnished image, a January 1994 report by James Matkin of the Vancouver Stock Exchange & Securities Regulation Commission found the VSE a hotbed of "shams, swindles and market manipulations." Scores of junior companies and entrepreneurs regarded as too high-risk, or flatly unacceptable in New York and London have flocked to the VSE. Of these, none has been more welcomed in the Canadian markets than gold mine financier Robert M. Friedland, a Canadian whose Venezuelan Goldfields (Vengold) in 1993 made the biggest float in VSE history - $31 million.
 However, no one's track record casts more doubt on the integrity of Canadian money markets than that of Friedland, a man who admits he was attracted to the VSE because "it is one of the freest and most underregulated venture capital markets in the world."

Share structure of Southgobi 2012

http://www.southgobi.com/s/ShareStructure.asp

Thu Sep 6, 2012

Authorized Unlimited Common Shares       Issued and Outstanding Common Shares 181,906,254 Options Outstanding 10,008,030 Fully Diluted 221,251,918       Major Common Shareholders Turquoise Hill Resources(direct and indirect) China Investment Corporation 104,807,155 25,539,834 Percentage 57.62% 14.04%       Cusip No. 844375204 ISIN No. CA8443751059       Shares Listed     Toronto Stock Exchange TSX: SGQ Hong Kong Stock Exchange HK: 1878

Ovoot Tolgoi Southgobi 2012

http://www.southgobi.com/s/OvootTolgoi.asp

STRATEGICALLY LOCATED - CLOSEST COAL TO CHINA
click to enlarge

MONGOLIA: THE SAUDI ARABIA OF COAL

Mongolia's vast reserves of high-quality coal, combined with its close proximity to China, the world's largest consumer of coal, and high demand Asian markets - make Mongolia a growing strategic player in the global coal market. Mongolia plays an important, expanding role in powering China's heavy industries and coal-fired generating capacity.

Southgobi Resources company description 2012

http://www.southgobi.com/s/CompanyDescription.asp

SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia's South Gobi Region to supply a wide range of coal products to markets in Asia.

Ovoot Tolgoi is the company's flagship coal mine development project. SouthGobi has been issued a Permit to Mine and commenced open-pit coal production in April 2008 and and is selling coal to customers in China. Ovoot Tolgoi is located in southern Mongolia, approximately 40 kilometres north of the Mongolia/China border

Senior executives of Southgobi 2012

http://www.southgobi.com/s/SeniorExecutives.asp

Ross Tromans Position: President & Chief Executive Officer Mr. Tromans joined the company in September 2012. He has over 30-years sales and marketing experience in the coal and energy sectors covering the Asian and North American markets. Most recently, he was General Manager Marketing at Rio Tinto Coal Australia where he was responsible for the development and implementation of the overall marketing strategy for thermal, coking and semi-soft coal. Previously, Mr. Tromans held senior roles at Rio Tinto including General Manager Marketing and Sales at Rio Tinto Alcan, Director New Markets and Service at Kennecott Energy and General Manager Marketing at Kaltim Prima Coal.

Directors of Southgobi 2012

http://www.southgobi.com/s/Directors.asp

Kay Priestly Position: Non-Executive Director, Chairman of the Board Kay Priestly is Chief Executive Officer of Turquoise Hill Resources. She was previously a senior executive at Rio Tinto, most recently serving as Chief Financial Officer of the company's global Copper product group. Ms. Priestly joined Rio Tinto in 2006 as Chief Financial Officer at Rio Tinto's Kennecott Utah Copper operations. Prior to Rio Tinto, she spent more than 24 years with global professional services firm Arthur Andersen, where she provided tax and consulting services to global companies in the energy and mining sectors and was a member of Andersen's global executive team. Ms. Priestly is also a director of Stone Energy Corporation.

Directors of Ivanhoe Mines Mongolia/ Turquoise Hill

Directors

Information on the Directors and Executives of SouthGobi Resources and Ivanhoe Australia can be found on the companies' respective websites: www.SouthGobi.com and www.IvanhoeAustralia.com

Dr. David Klingner

Chairman

Dr. David Klingner has been a corporate director since 2004 after spending 38 years in the mining industry. During his career with Rio Tinto, he held a variety of positions including Head of Exploration, Group Executive responsible for Rio Tinto's coal and gold businesses in Australia and Indonesia and Managing Director of Kaltim Prima Coal in Indonesia. Dr. Klingner retired from Rio Tinto in 2004. He serves as Non-Executive Chairman of Energy Resources of Australia Ltd. and Chairman of Codan Limited.

Dr. Klingner was appointed Chairman of the Turquoise Hill Resources board in May, 2012.

”Төр хөгжлийн эсрэг бодлого хэрэгжүүлж байна”

http://economy.news.mn/content/103705.shtml

Өчигдөр 7 цаг 40 минут

Өмнөговийн Овооттолгойн  нүүрсний уурхайд үйл ажиллагаа явуулж буй “Саус гоби сэндс” компани хяналтын хувьцааныхаа 60 хувийг  Хятадын хөнгөн цагаан үйлдвэрлэгч “Чалко” компанид 889 сая ам.доллараар худалдсан тухай мэдээлэл  сүүлийн үед багагүй дуулиан дэгдээгээд байна. Энэ талаар Монголын уул уурхайн үндэсний ассоциацийн гүйцэтгэх захирал Н.Алгаатай ярилцлаа.

-“Саусгоби сэндс” компани хятадуудад хувьцааныхаа дийлэнх хувийг худалдсан нь нэлээд шуугиан тариад байгаа. Зарим хүмүүс үүнийг хууль бус үйлдэл гэж эсэргүүцэж буй. Энэ талаар та ямар байр суурьтай байна?

МОНГОЛЫН БАЯЛАГ ХЯТАДЫН ТӨРИЙН ӨМЧ БОЛОХОД 29 ХОНОГ ҮЛДЛЭЭ

http://mongolnews.mn/i/30144 Электрон хувилбар “Саус гоби сэндс” ХХК манай улсад эзэмшдэг ашигт малтмалын лицензээ Хятадын төрийн өмчит “Чалко” группт худалдахаар болсон тухай мэдээлэл дуулиан тарив. Ингэснээр Монгол Улсын баялагт хятадууд эзэн суух болж байна. Өөрөөр хэлбэл, хятадууд Монголд нүүрс олборлож, түүнийгээ өөрсдөө худалдан авах болсон нь аюулын харанга дэлдэж байгаа юм. Ингэснээр монголчууд нүүрсээ хятадуудын тогтоосон үнээс доогуур борлуулна гэсэн үг. Энэ асуудлаар УИХын гишүүн Г.Баярсайхан, Ц.Сэдванчиг, эдийн засагч Д.Жаргалсайхан нар өчигдөр байр сууриа илэрхийлэв. “Юун сонгууль, цаана чинь Монголоо тавиад туучихлаа” гэж Д.Жаргалсайхан манай сониноор дамжуулан санаа бодлоо илэрхийлсэн бол өчигдөр “Энэ гэрээг яаралтай таслан зогсоохгүй бол монголчууд сонгуульд оролцохоос татгалзах хэрэгтэй” гэж уриалсан юм.

П.Очирбат: Оюутолгой бол уурхайчин, уурхайн инженер хүний хувьд мөрөөдөл юм

http://news.niigem.mn/content/15186.shtml 2011 оны 1 сарын 28 Тавантолгойн ордыг хувааж ерөөсөө болохгүй. Түүний менежментийг нэг л гарт зангидаж өгөх хэрэгтэй Д.МӨНХЧИМЭГ ШУТИС-ийн “Экологи-тогтвортой хөгжлийн төв”-ийн захирал П.Очирбаттай ярилцлаа. АЛТ ОЛБОРЛОЛТООС ОЛЗ Ч ОЛСОН, ГАРЗ Ч ГАРСАН -Монголын уул уурхайн салбар хөгжлийнхөө гараан дээр ид ирж байх шиг. Эрдэс баялгаа ашиглан эдийн засгийн тогтвортой хөгжилд хүрэх замыг мэргэжилтнүүд янз бүрээр л тайлбарлаж байна. Уул уурхайн хөгжил, экологийн аюулгүй байдал, эдийн засгийн тогтвортой өсөлтийн алтан дунджийг барих тал дээр мэргэжлийн хүний хувьд Та ямар бодолтой байгаа вэ? -Монголын уул уурхайн салбар эрчимтэй хөгжлийнхөө гараан дээр байна гэж хэлж болно. Гэхдээ манай уул уурхай чулуун зэвсэг, хүрэл зэвсгийн үеэс л хөгжиж эхэлсэн эртний түүхтэй юм шүү дээ. Чингис хааны цэргүүдийн хэрэглэж байсан зэр зэвсэг, илд бамбай, хуяг дуулгыг монголчууд өөрсдөө л хийж байсан. Тэр үед Зөвлөлт гүрэн ч гэж юу байлаа. Хятадууд ямар “бидэн рүү дайр” гэж зэвсэг хийж өгөлтэй нь биш. Америкийн сураг ч байгаагүй. Монголчууд өөрсдөө ашигт малтмалаа таньдаг, олборлодог, хайлуулдаг байсан юм. Зэс, тугалгыг хольж хайлаад л, хүрлээр янз бүрийн эд хэрэгсэл хийгээд л... Өөрөөр хэлбэл, монголчууд эрт дээр үеэс уул уурхайн ашигт малтмалаа ашиглаж, металлургаа хөгжүүлж ирсэн үндэстэн. ХХ зуунд манай уул уурхайн салбар хөгжлийн тодорхой түвшинд хүрсэн. Энэ ХХI зууны эхээр уул уурхайн бүтээгдэхүүний хэрэглээ бүс нутаг, дэлхий нийтийн хэмжээнд асар их нэмэгджээ. Үүнийг дагаад үнэ ч өслөө. Гадаад орчинд их таатай нөхцөл бий болсон.

People: Southgobi Resources Ltd (SGQ.TO)

http://www.reuters.com/finance/stocks/companyOfficers?symbol=SGQ.TO

Summary

Name	Age	Since	Current Position
Peter Meredith	68	2009	Chairman of the Board
Alexander Molyneux	37	2009	President, Chief Executive Officer, Director
Matthew O'Kane		2011	Chief Financial Officer
Curtis Church		2011	Chief Operating Officer
Beverly Bartlett		2007	Vice President, Corporate Secretary
David Bartel		2011	Vice President - External Affairs
Tony Pearson		2010	Vice President - Corporate Development
Pierre Lebel	61	2007	Lead Independent Director
John Macken	60	2009	Director
R. Stuart Angus		2007	Independent Director
Andre Deepwell		2003	Independent Director
R. Edward Flood	65	2003	Independent Director
Robert Hanson	50	2007	Independent Director
W. Gordon Lancaster	67	2010	Independent Director

Biographies

Name	Description