Articles On Aspire Mining (ASX:AKM)

Iron ore prices fell to their lowest level in two and a half months on the back of noise about steel production cuts in China on Friday, only to moderate on Monday. A 7% flop in iron ore prices to a little over US$180/t to end last week wou...

Are Chinese steel margins on the way back up? Sliding and eventually negative steel margins in June led many analysts to the conclusion that high prices for iron ore would slide rapidly in the second half of the year as steel producers look...

Tasmanian iron ore producer Grange Resources (ASX:GRR) has become well known for the quality of its iron ore and, while small in volume, makes up for it in tactical nous by supplying pellets that grade around 65%. The Caleb Daniel of the ir...

In spite of China’s complaints about commodity prices, iron ore was relatively steady in June after a volatile May, with benchmark 62% fines opening the first full week of the new financial year above US$220/t. Those price levels, up from a...

The sun is shining again on Australian iron ore, at least for now, with prices again threatening to touch historic levels just one month after reaching record highs. Benchmark 62% fines opened the week in China at US$222.30 a tonne, just US...

The company recently received fresh laboratory results confirming the OCCP has high-quality premium fat coking coal of high value and looks well placed to cater for increasing demand as neighbouring China shifts away from Australian coal.

• Benchmark 62% Fe iron ore price closes a wild month after 5.6% rally to $US198.75 • Iron ore futures trend higher at the end of a week dominated by talk about Chinese intervention • Coking coal finds price support as Aussie export prices...

The FEED study will support the commencement of operations at the wholly-owned Ovoot Coking Coal Project in the Khuvsgul aimag of northwestern Mongolia.

Stockhead’s Top 10 at 10, published at 10.15am each trading day, highlights the best (and worst) performing ASX small caps in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest mov...

A 60-kilogram sample of fresh coking coal indicative of Ovoot’s Upper Seam, which will be the focus of the Ovoot Early Development Project, was tested by SGS in Tianjin China.

The company is awaiting the first opportunity to reconvene the required meeting to present its detailed environmental impact assessment for community comment and acceptance.

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...

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...

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...

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...

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...

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...

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.

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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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....

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...

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...

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...

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...

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.

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...