SouthGobi Resources fires CEO Alexander Molyneux

SouthGobi Resources Ltd. today announced the termination of President and Chief Executive Officer Alexander Molyneux effective September 12, 2012.

Coal and energy industry veteran Ross Tromans has been nominated President and Chief Executive Officer, subject to confirmation at the next meeting of the Board of Directors.

Deputy Chairman Sean Hinton will manage the transition on behalf of the Board and will lead the company in the interim.

Ross Tromans was most recently the 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.

Source (English): SouthGobi Resources