Mine Risk Management > Leadership

Embattled SouthGobi CEO sacked

Toronto-listed Mongolian coal miner SouthGobi Resources has sacked its CEO Aminbuhe, days after it learnt he had been arrested and detained in China as a suspect in a fraudulent loan case.

Staff reporter

Mine Risk Management > Leadership

Embattled SouthGobi CEO sacked

Toronto-listed Mongolian coal miner SouthGobi Resources has sacked its CEO Aminbuhe, days after it learnt he had been arrested and detained in China as a suspect in a fraudulent loan case.

Staff reporter

Embattled SouthGobi CEO sacked

Former CEO to remain as non-executive director

The company said it had terminated his employment as CEO "due to his incapability to fulfil his daily duties and responsibilities" and also removed him as chairman, making him a non-executive director.