Our History

  • 2015

    September 2015
    New management team was officially appointed

    July 2015
    China Cinda (HK) Investments Management Company Limited acquired 100% control of Novel Sunrise Investments Ltd

    April 2015
    Novel Sunrise Investments Ltd acquired 48.7 million common shares (i.e., 29.3% share at April 2015) of SouthGobi

  • 2012

    Aluminum Corporation of China Limited proposed acquisition of SouthGobi (USD$930 million for 56-60% shareholding) in April 2012; acquisition terminated in September 2012

  • 2010

    Listed in Hong Kong Stock Exchange, raised USD$437 million

    CIC converted USD$250 million convertible debenture into 13.6% share of SouthGobi

  • 2009

    China Investment Corporation ("CIC") invested USD$500 million in convertible debenture

  • 2008

    Commenced mining in Ovoot Tolgoi Mine in Mongolia

  • 2007

    Listed in Toronto Stock Exchange

  • 2002

    Incorporated in Canada