Articles On Aspire Mining (ASX:AKM)

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...

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...

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

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...

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

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...

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...

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

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...

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...

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...

Leading pure-play metallurgical (coking) coal project developer, Aspire Mining Limited (ASX: AKM) announced on 11 November 2019 that it has received additional commitments in connection with the proposed $ 33.5 million equity investment in...

Leading pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM), based in Australia, has disclosed further updates to the Ovoot Early Development Plan (OEDP) Extended Case Pre-Feasibility Study (PFS) which provides...

Australia-based Aspire Mining Limited (ASX: AKM), the leading pure-play metallurgical coal project developer, has released the updated Ovoot Early Development Plan (OEDP) Extended Case including a mine plan and improved financial outcomes,...

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has received additional commitments from major shareholder Mr Tserenpuntsag in connection with his proposed $33.5 million equity investment in the Company. HIG...

Major investor Mr Tserenpuntsag has committed to exercise all of his 1.8 cent options to raise an additional $2.75 million for Aspire.

A revised mining plan has lowered costs and increased the pre-tax NPV for the early development of the coal mine to US$878 million.

Aspire Mining’s updated PFS for its early-stage Ovoot coal project in northern Mongolia has delivered significantly approved financial metrics.

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has provided mine plan and cost updates for the Ovoot Early Development Plan (OEDP) Extended Case. HIGHLIGHTS ·       The updated OEDP PFS Extended Case delive...

The revised mining plan has lowered costs and increased the pre-tax NPV for the early development of the coal mine to US$878 million.

Leading pure-play metallurgical coal project developer, Aspire Mining Limited (ASX: AKM) has released its Quarterly Activities Report for the three months to 30 September 2019. The main focus of the activities undertaken during the quarter...

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has provided its September quarter update to the market. HIGHLIGHTS ·       On 6 September 2019 the Company announced that it had has entered into a Share Subs...

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has announced that independent expert BDO Corporate Finance (WA) has concluded that the proposed Share Placement is not fair but reasonable to Aspire Shareholde...

The placement to major shareholder Mr Tserenpuntsag will be voted on by shareholders at the company’s upcoming AGM.

Australian based metallurgical coal and infrastructure company, Aspire Mining Limited (ASX:AKM) announced the appointment of Mr Sam Bowles as the company’s Chief Operating Officer (COO), resident of Mongolia, on 25 October 2019. Read here:...

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has announced the appointment of Sam Bowles as the Company’s Chief Operating Officer, based in Mongolia. Mr Bowles will act in a consulting capacity from Novemb...

Mongolian resident and highly experienced coal mining executive Sam Bowles will take on the new role.

Metallurgical coal and rail company, Aspire Mining Limited (ASX: AKM) is engaged in the development of its world-class premium metallurgical coal assets in the Orkhon-Selenge Coal Basin in northern Mongolia to create long-term shareholder r...

Aspire Mining Limited (ASX:AKM) is an Australian metallurgical coal and infrastructure company exploring and developing its world class metallurgical coal assets and related rail & road infrastructure projects in Mongolia. It aims to de...

Aspire Mining Limited (ASX: AKM) is a metals, mining and infrastructure company exploring for and developing its world class metallurgical coal assets in Mongolia to deliver long-term returns to shareholders while contributing to the social...

Assuming finance is secured and permits are received by Q1 2020, Aspire expects that pre-stripping of waste can occur from Q2 2020.

Leading pure-play metallurgical coal project developer Aspire Mining (ASX: AKM) has provided an update on progress towards completion of a Definitive Feasibility Study for the early development of the world-class Ovoot Coking Coal Project i...

Mongolian investor Mr Tserenpuntsag has provided a Letter of Intent indicating financial support for early development of the coking coal project.

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...

The company has entered an agreement with Mongolian entrepreneur Mr Tserenpuntsag who is determined to bring the Ovoot project to fruition.

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...

The company has been granted a trading halt until Monday, September 9, or when an announcement is released to the market.

At June 30, 2019, the Aspire Group had $11.1 million cash at bank with no borrowings.