People, Mining: SouthGobi Resources announces promotion of Curt Church to Chief Operating Officer

Alexander Molyneux, President and CEO of Chamber member SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) is pleased to announce Curt Church, previously Vice President, Mining Operations has been appointed the company’s new Chief Operating Officer, effective immediately. Mr. Church will continue to be based in Ulaanbaatar, Mongolia, and will be responsible for managing the company’s coal mining and exploration operations.

Mr. Church has been the Vice President, Mining Operations since October, 2010 and was previously General Manager of the Ovoot Tolgoi Coal Mine in southern Mongolia for more than two years. Mr. Church has more than 16 years experience in the mineral resources industry, including more than six years of experience working at various mining operations in Mongolia.

“Curt has developed exceptional leadership skills within our organization,” said Mr. Molyneux. “The new role of Chief Operating Officer is recognition of his leadership and ability to think strategically about the business we are building into a leading coal miner.”

About SouthGobi Resources

SouthGobi Resources is focused on exploration and development of its Permian-age metallurgical and thermal coal deposits in Mongolia’s South Gobi Region. The company’s flagship coal mine, Ovoot Tolgoi, is producing and selling coal to customers in China. The company plans to supply a wide range of coal products to markets in Asia.

Information contacts, SouthGobi Resources

Matthew O’Kane, Vice President Commercial Operations (Hong Kong) +852 2156 7012

Steven Feldman, Investor Relations Manager (Vancouver) +1 604 331 9813



Politics: Regime Change in Canada

Or “Chaonada” as Stephen Colbert has put it.  See the shocking video coverage from the Colbert Report including Fox News and BBC Coverage.  From our reporter in the field, Jason Sylvester.

See the shocking video coverage here.  May be disturbing for some younger Canadians.


Insurance: Manulife Vietnam Opens New Sales Office in Hanoi

Manulife Vietnam, a subsidiary of Canada-based Manulife Financial, announced that it has opened a second sales office in Hanoi, Vietnam. The opening of the office is in response to the significant increase in Manulife Vietnam’s policyholders in the north of the country.

Manulife Financial is a financial services group that provides asset management services to institutional customers worldwide as well as reinsurance solutions, specializing in life and property and casualty retrocession.

Full press release here.

People: Sun Life Trustee (part of Sun Life Financial) has a new CEO

Sun Life Trustee Company Limited (“SL Trustee”) today announced the appointment of Billy Wong as Director and Chief Executive Officer. As the new CEO, Wong succeeds Nigel Hazell, who will remain as Non-Executive Chairman and Director of Sun Life Trustee.



In his new role, Wong has overall management responsibility for SL Trustee with respect to MPF and ORSO Schemes, and will strategically lead and achieve business growth in line with business objectives while maintaining strong corporate governance values and adherence to regulatory requirements.


Wong joined BestServe Financial Limited (“BestServe”) as Vice-President, Institutional Business Development in November 2008. BestServe provides pension administration services to more than 630,000 members. Prior to joining BestServe, Wong was at Watson Wyatt as Principal Consulting Actuary in Retirement Benefits Practice with extensive retirement schemes consulting experience involving key Hong Kong institutional employers.

Wong graduated from the University of Hong Kong in Actuarial Science. He is a Fellow of Society of Actuaries and a Chartered Financial Analyst. 





About Sun Life Trustee Company Limited

Sun Life Trustee Company Limited is an approved MPF trustee and provides trustee services with respect to approved MPF and ORSO retirement schemes. Sun Life Trustee is a member of Sun Life Financial group of companies.


About Sun Life Financial 
Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services to individuals and corporate customers. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China and Bermuda. As of December 31, 2010, the Sun Life Financial group of companies had total assets under management of CAD$464 billion (approximately HK$3618 billion). Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under ticker symbol SLF.

In Hong Kong, Sun Life Financial has a distribution network of 2,400 consultants and distributors and approximately 400,000 customers. It has received numerous awards including Superbrands 2006-10 and the Caring Company Award for the ninth consecutive year (2002-2010).