- 41. MONGOLIA - Aspire highlights potential for rail savings
- (October 2013)
- Aspire Mining has identified further potential capital savings for the Northern Railways Erdenet to Ovoot rail project which is key to commercializing its Ovoot Coking Coal Project in northern Mongolia. ...
- Created on 02 October 2013
- 42. MONGOLIA - Aspire signs SMEC to develop Ovoot railway
- (May 2013)
- In what is being labelled a significant milestone in development of the Erdenet to Ovoot railway, Aspire Mining’s Mongolian subsidiary Northern Railways LLC has appointed Snowy Mountains Engineering Corporation ...
- Created on 20 May 2013
- 43. MONGOLIA - Rail line revision cuts $200 million from cost
- (May 2013)
- ... managing director David Paull says, “Aspire and its rail subsidiary, Northern Railways LLC, continue to work on advancing the Erdenet to Ovoot railway by providing more engineering definition and progress ...
- Created on 11 May 2013
- 44. MONGOLIA - Noble to support Ovoot port and rail project
- (January 2013)
- ... pre-development capital for Northern Railways. The agreement will also see Noble assist with the Northern Railways financing plan, funding 10% of the Erdenet to Ovoot railway, a two-year US$5 million ...
- Created on 19 January 2013
- 45. MONGOLIA - PFS review completed at Ovoot coal project
- (December 2012)
- The pre-feasibility study (PFS) review for Aspire Mining’s Ovoot project in northern Mongolia has confirmed it has robust economics for a large, long-life coking coal operation. The net present value (NPV) ...
- Created on 25 December 2012
- 46. MONGOLIA - Ovoot project director appointed
- (August 2012)
- A new addition has been made to Aspire Mining’s senior management line up with James Benson appointed as project director for its Ovoot coking coal operation in northern Mongolia. James Benson is an experienced ...
- Created on 06 August 2012
- 47. MONGOLIA - Aspire signs MoU with Russian Railways
- (July 2012)
- ... of a strategic partnership to bring the project to fruition. Subsidiaries of the companies, Infrastructure Development (ID) and Northern Railways, will discuss the construction, ownership and operation ...
- Created on 02 July 2012
- 48. MONGOLIA - Maiden 178 million tonne resource at Ovoot
- (June 2012)
- Aspire Mining has announced a maiden JORC-compliant resource at its Ovoot coal project of 178 million tonnes, making it Mongolia’s third largest coking coal reserve. The northern Mongolia project is forecast ...
- Created on 03 June 2012
- 49. MONGOLIA - Aspire’s Ovoot PFS delayed
- (April 2012)
- ... the company will release the study results by mid-May. The study will include detailed assessment of the development of a large-scale open pit mine operation at the Ovoot site in northern Mongolia, ...
- Created on 14 April 2012
- 50. MONGOLIA - Aspire in marketing and logistics alliance
- (December 2011)
- ... in northern Mongolia. Noble, which owns 8.3% of Aspire, is one of the world’s largest commodity trading and logistics companies and moves coal into most major global markets. It has significant experience ...
- Created on 12 December 2011