Articles On Aspire Mining (ASX:AKM)

Title Source Codes Date
Bulk Buys: Australia to blame for iron ore prices? Yeah nah

Iron ore 62 per cent fines prices were unchanged this week at US$188 per tonne Hard coking coal prices were up US$0.35 to $US111.13 per tonne at Queensland ports The Chinese steel industry has pointed the finger at the concentrated owners...

Stockhead AKM 1 day ago
Bulk Buys: China’s steel sector lifts iron ore to 10-year high, coking coal stabilises

Iron ore 62 per cent fines prices traded this week at $US182 per tonne, up $US7.45 on a week ago Hard coking coal prices were down $US2 on-week at $US105.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $US9.55...

Stockhead AKM 2 weeks ago
Bulk Buys: Iron ore price supported by rising steel demand, coking coal prices slip on lower exports

Iron ore 62 per cent fines prices traded this week at $US174.55 per tonne, up $US3.65 on a week ago Hard coking coal prices were down $US1.50 on-week at $US107.10 per tonne at Queensland ports China’s steel reinforcing bar price is down $U...

Stockhead AKM 3 weeks ago
Bulk Buys: Why do iron ore ports keep catching fire?

Iron ore price predictions are all over the shop. lol.Clearly, no one has a clue where iron ore prices will end up. But we can tell you where they’ve been (and maybe where they’re going next). Prices are still at historically high levels, b...

Stockhead AKM 4 weeks ago
Bulk Buys: Iron ore prices rebound on China’s white hot steel market, coal market moves into balance

Iron ore fines prices traded this week at $US168.90 per tonne, up $US11.80 on a week ago Hard coking coal prices were 45 US cents lower on-week at $US105.80 per tonne at Queensland ports China’s steel reinforcing bar price is up $US10 this...

Stockhead AKM 1 month ago
Bulk Buys: Iron ore futures show strain as China orders 50pc cut in Tangshan emissions

Iron ore fines prices traded this week at $US157.10 per tonne, $US6.50 lower on a week ago Hard coking coal prices were $US2.40 lower on-week at $US106.25 per tonne at Queensland ports China’s steel reinforcing bar price is $US5 higher thi...

Stockhead AKM 1 month ago
Aspire Mining’s Mongolian project poised to benefit from China’s rumoured shift away from Australian coal

The metallurgical coal and infrastructure company plans to export up to 4 million tonnes of coking coal to China once its Ovoot Project in Mongolia comes into production.

Proactive Investors AKM 4 months ago
Aspire Mining committed to transforming Mongolian coking coal project into first world development

The company’s Ovoot Early Development Project PFS confirms that significant coking coal production can be achieved from Ovoot at a low capital cost to unlock attractive economics.

Proactive Investors AKM 6 months ago
Aspire Mining Releases Annual Report 2020, Key Developments Focused on Ovoot Coking Coal Project

Summary Aspire Mining progressed well at its wholly owned Ovoot Coking Coke Project, situated in Northern Mongolia. The focus of OEDP is to truck washed coal over 560km from the mine site to the nearest Erdenet-based rail head. A major...

Kalkine Media AKM 6 months ago
Aspire Mining’s (ASX: AKM) Ovoot Project: Poised to Leverage off Growth Focus and Transforming China’s Relationship

Summary The growing focus of China for infrastructural development has increased demand for coking coal required during steel production.  Mongolia, having close proximity to China is expected to become one of the preferred alternative...

Kalkine Media AKM 6 months ago
Leaf through ASX Player Aspire Mining’s Development in FY20

Summary Primary activities undertaken by Aspire Mining during the financial year included OEDP study, the advancement of necessary approvals, studies’ completion, and funding for developing the OEDP. The capital raising of $36.3 million...

Kalkine Media AKM 7 months ago
Aspire Mining Well Positioned to Tap Commercial Potential from Trilateral Corridor through Mongolia

Australian-listed Junior resource company, Aspire Mining Limited (ASX: AKM) by virtue of its robust project portfolio in mineral-rich Mongolia appears to be at a vantage point. Mongolia, a landlocked country sharing its borders with China a...

Kalkine Media AKM 7 months ago
Aspire Mining Geared towards Definitive Environmental Impact Assessment to Commence Site Works

Summary Aspire Mining Limited has been focussed on advancing Definitive Environmental Impact Assessment (DEIA) which would allow the Company’s access to the site area for starting the ground activities.  The Company is pursuing produ...

Kalkine Media AKM 8 months ago
Aspire Mining’s Well in Advance Endeavours Gearing Up for Future Production Plans

Summary Aspire Mining has been significantly engaged in preparing financial, operation and budget models that would aid in spurring commercial production of Ovoot coking coal production following the receipt of access to the OCCP.  The...

Kalkine Media AKM 8 months ago
Aspire Mining’s Quarterly Report Card Shining Light on Impressive Strategic Focus

Summary Aspire Mining in the wake of COVID-19 gathering restrictions in Mongolia advanced its activities typically channelled towards realising cost, operative, ecological and social benefits. The Company undertook the preparation of a...

Kalkine Media AKM 9 months ago
Aspire Mining Shining with Booming Prospects for Ovoot Project as Chinese June PMI Soars

Summary China’s Purchasing Manager’s Index reached 50.9 in June 2020 signalling strong economic recovery and growth prospects for metallurgical coal, which is a vital component of the steel production process.  China is the wor...

Kalkine Media AKM 9 months ago
Aspire Mining Shining with Booming Prospects for Ovoot Project as Chinese June PMI Soars

Summary China’s Purchasing Manager’s Index reached 50.9 in June 2020 signalling strong economic recovery and growth prospects for metallurgical coal, which is a vital component of the steel production process.  China is the wor...

Kalkine Media AKM 9 months ago
Aspire Mining Sailing Smoothly to Foster Robust Infrastructure for Coal Haulage

Summary Focussed on facilitating the future operations at Ovoot Early Development Project, Aspire Mining is dedicated to creating a reliable transportation infrastructure.  The phased development plan for the special purpose road betwee...

Kalkine Media AKM 9 months ago
Aspire Mining Placed Well with Exploration-focused Mongolia Political Party Makes a Comeback

Mongolia saw the massive victory of the current ruling party, Mongolia Political Party in the 2020 elections which promises another round of similar emphasis on the mineral exploration for economic development. The ruling party riding on th...

Kalkine Media AKM 10 months ago
Aspire Mining’s Ovoot Early Development Project: Nods and Approval Forging the Path Ahead

Steadily and strategically crafting its way, Australian leading pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM) is advancing well on its world-class Ovoot Coking Coal Project (OEDP). The company’s endeavours...

Kalkine Media AKM 10 months ago
Low Payback Period & Low Cash Cost To Set Metallurgical Coal Developer Aspire Mining’s Margin High

Australian-based leading pure-play metallurgical coal focussed Aspire Mining Limited (ASX: AKM) has achieved significant progress in advancing the Ovoot Early Development Plan (OEDP), the first stage of its flagship Ovoot Coking Coal Projec...

Kalkine Media AKM 10 months ago
Aspire Mining chairman demonstrates confidence in company with on-market share purchases

Aspire is developing the Ovoot Coking Coal Project in two stages with the second stage requiring the Erdenet to Ovoot rail extension.

Proactive Investors AKM 11 months ago
Economic Corridor and Three Countries: Mongolia-based Aspire Mining to Sit on Sweet Spot

Australia-based leading pure-play metallurgical coal (coking coal) project developer, Aspire Mining Limited (ASX: AKM) is currently advancing its flagship asset – the Ovoot Coking Coal Project (100%-owned) located in the Orkhon-Selenge Coal...

Kalkine Media AKM 11 months ago
Aspire Mining Closes An Eventful Q3FY20 With Strong Cash; Poised To Advance The OEDP Further

Australia-based Aspire Mining Limited (ASX: AKM), the Leading pure-play metallurgical coal project developer currently advancing the first stage of its flagship asset - Ovoot Coking Coal Project (100%-owned) located in the Orkhon-Selenge Co...

Kalkine Media AKM 1 year ago
Aspire’s OEDP Optimistic with Mongolian Investor to Chinese Partners

Introduction The Pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM) is a metal & mining along with infrastructure development company. It has a critical world-class asset in Mongolia, i.e. 100% owned Ovoo...

Kalkine Media AKM 1 year ago
Deep Diving into Aspire’s Northern Railways and Erdenet to Ovoot Rail Project

The Pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM) on 26 March announces the Northern railway eighteen-month extension to Erdenet to Ovoot rail concession. Good Read: AKM’s Northern Railways Obtains Extens...

Kalkine Media AKM 1 year ago
Aspire’s Northern Railways Secures Extension of Erdenet to Ovoot Rail Concession

Pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM) in line with its focus on Ovoot Early Development Project (OEDP) growth, is looking for the extension of the Mongolian rail network to Ovoot in order to cope u...

Kalkine Media AKM 1 year ago
Aspire Mining receives 18 month extension for railway pre-construction work

Aspire is developing the Ovoot Coking Coal Project in two stages, the second stage requires the Erdenet to Ovoot rail extension.

Proactive Investors AKM 1 year ago
Metallurgical Coal Outlook and Mongolian Stand Vis-à-vis Aspire Mining

Come 2020; the world has seen global pandemic amid COVID-19 outbreak, countries locking down the region in order to maintain social distancing and curbing the evil effect of the Coronavirus which has taken more than 16,500 death so far. Im...

Kalkine Media AKM 1 year ago
Management Transition Completed – Aspire’s Plans on Track

As announced in the releases dated 25 October 2019 and 05 December 2019, the ASX-listed metallurgical coal explorer and developer Aspire Mining Limited (ASX:AKM) has completed the executive and management changes. In the milieu of which AK...

Kalkine Media AKM 1 year ago
Aspire Mining – A glance Through Company’s Update

Australian listed metallurgical coal explorer and developer Aspire Mining Limited (ASX: AKM) is focused on the exploration and ultimately to the advancement of the metallurgical coal assets in Mongolia, i.e. starting with Ovoot Coking Coal...

Kalkine Media AKM 1 year ago
Aspire Scouting Steel Mills Customer in N.E. China: Sinosteel MECC Signed MoU

In OEDP (Ovoot Early Development Plan) Definitive Feasibility Study (DFS) update, ASX listed Aspire Mining Limited (ASX: AKM) revealed on 9 October 2019 that the Company visited various steel mills in north-eastern (N.E.) China region as pr...

Kalkine Media AKM 1 year ago
Aspire Mining: A Cash Backed Bargain

ASX listed Aspire Mining Limited’s (ASX: AKM) current market value is now supported by the cash it holds. The market cap of AKM is A$44million at the closing value of A$0.087 per share as on 28 Feb 2019. Where, as of 31 December 2019 the C....

Kalkine Media AKM 1 year ago
New chapters to unfold as the next decade approaches

As we bid farewell to the teenage years of the 21st century and prepare to usher in the next rendition of the Roaring Twenties, Cannings Purple’s Investor Relations team has taken a step back to reflect on some of the highlights of 2019 and...

Investor Insight AKM 1 year ago
Aspire Mining Share Price Zooms Up 17.24%; Mr Tserenpuntsag Provides Further Funding of $ 2.75 Million

Coking coal explorer and developer, Aspire Mining Limited (ASX: AKM) experienced a 17.24% uptick in its share price to $ 0.170 on 13 December 2019 with ~ 1.62 million shares traded, surpassing the yearly average volume of 1.59 million share...

Kalkine Media AKM 1 year ago
10 at 10: These ASX stocks are in the groove this morning

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Stockhead AKM 1 year ago
Mr Tserenpuntsag exercises options for further $2.75m investment: Aspire

Mongolian entrepreneur Tsedendamba Tserenpuntsag has followed through on his $33.5 million equity investment in leading metallurgical coal developer Aspire Mining (ASX: AKM) by exercising options that have injected a further $2.75 million i...

Investor Insight AKM 1 year ago
Aspire Mining secures more funds from Mr Tserenpuntsag; his December investments total $36 million

Aspire now has about $43 million in cash at bank and no debt, leaving it ideally positioned to advance its Ovoot Coking Coal Project in Mongolia.

Proactive Investors AKM 1 year ago
Aspire Mining to Work with Sinosteel MECC for Production at OEDP, Signs Non-Binding MoU.

Aspire Mining Limited (ASX: AKM) (Company) is a leading pure-play metallurgical coal project developer with 100% ownership of the world-class Ovoot Coking Coal Project in Mongolia and a 90% interest in Nuurstei Coking Coal Project located i...

Kalkine Media AKM 1 year ago
Aspire and Sinosteel develop Mongolian coal project

Aspire Mining has announced its non-binding agreement with Sinosteel Equipment & Engineering Coo (Sinosteel MECC) to develop the Ovoot Coking Coal Project in Mongolia. After the Perth-based coal mine’s most recent $33.5 million placemen...

Australian Mining AKM 1 year ago
Aspire Mining signs Non-Binding MoU with Sinosteel MECC

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has signed a Non-binding Memorandum of Understanding (MoU) with Sinosteel Equipment & Engineering Co., Ltd. (Sinosteel MECC) in relation to the early develo...

Investor Insight AKM 1 year ago
Aspire Mining and Sinosteel to pursue funding opportunities for Ovoot Coking Coal Project development

The signing of the MoU with Sinosteel MECC comes after Aspire completed a $33.5 million placement earlier this month.

Proactive Investors AKM 1 year ago
Aspire Mining makes Board changes following Placement to Mr Tserenpuntsag

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has advised that following the completion of the placement to Mr Tserenpuntsag announced on 3 December 2019, and as foreshadowed in the Explanatory Statement to...

Investor Insight AKM 1 year ago
Aspire Mining appoints new managing director

Changes to the board follow the $33.5 million equity raising completed earlier this week.

Proactive Investors AKM 1 year ago
Aspire Mining settles the placement to Mr Tserenpuntsag; announces Board Changes

Aspire Mining Limited (ASX: AKM), the leading pure-play metallurgical coal project developer based in Australia, is currently advancing the first stage of its flagship world-class asset-the Ovoot Coking Coal Project (100%-owned) located in...

Kalkine Media AKM 1 year ago
Aspire Mining completes $33.5m Placement to Mr Tserenpuntsag

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has announced completion of the placement to Mr Tserenpuntsag following shareholder approval and receipt of the $33.5 million consideration for the 1,595.9 mill...

Investor Insight AKM 1 year ago
Aspire Mining completes $33.5 million placement, targeting 2020 coking coal operation

The placement was to Mongolian entrepreneur and businessman Mr Tserenpuntsag and increases his holding to 51%.

Proactive Investors AKM 1 year ago
Shareholders back Aspire restructure to boost Ovoot plan

Aspire Mining executive chairman David Paull says his company now has “a seat at the table” with regulators and financiers to finally advance development of the world-class Ovoot coking coal project in Mongolia after shareholders yesterday...

Investor Insight AKM 1 year ago
Evolving shareholding structure of Coking Coal Developer Aspire Mining in line with OEDP

Australian metals and mining sector company, Aspire Mining Limited (ASX: AKM) is focussed on advancement of first stage, the Ovoot Early Development Project (OEDP), of its flagship world-class and premium coking coal asset-the Ovoot Coking...

Kalkine Media AKM 1 year ago
Investors asked to vote on way forward for Aspire's Ovoot dream

Mongolia has not always been a happy hunting ground for ASX companies – just ask Rio Tinto (ASX: RIO), which is trying hard to deliver sustained value from its Oyu Tolgoi copper project in the southern reaches of the Gobi Desert. The land m...

Investor Insight AKM 1 year ago