- 1. Northern Rail agreement with Chinese group
- (Latest)
- Aspire Mining subsidiary Northern Railways LLC has entered into a cooperation agreement with China Gezhouba Group Company Limited (CGGC) to advance the Erdenet to Ovoot Rail Project. This section of rail ...
- Created on 07 June 2017
- 2. Two customers for Ulaan Ovoo coal
- (Around the Region)
- PROPHECY Development Corp has signed two coal sales and purchase agreements to sell 16,000 tonnes of coal from its Ulaan Ovoo Coal Project in northeast Mongolia. The purchasers are Erdenet Mining Corporation ...
- Created on 04 April 2017
- 3. Study shows Ovoot rail section is feasible
- (Around the Region)
- ... Institute Group Co Ltd (FSDI), covers the Erdenet to Ovoot section. The proposed Northern Rail Corridor in Northern Mongolia is intended to increase trade between China, Mongolia and ...
- Created on 04 April 2017
- 4. Erdenet to Ovoot rail concession extended
- (Latest)
- Aspire Mining’s Mongolian rail subsidiary Northern Railways LLC has received confirmation of an 18 month extension to the time required to complete the conditions precedent for the Erdenet to Ovoot Rail ...
- Created on 08 February 2017
- 5. Study shows Erdenet-Ovoot rail is feasible
- (Latest)
- ... Institute Group Co Ltd (FSDI), covers the Erdenet to Ovoot section. It demonstrates that the first stage is consistent with Mongolia’s mineral resource development strategy to be supported by growth ...
- Created on 11 January 2017
- 6. Prophecy sells Ulaan Ovoo coal
- (Latest)
- Prophecy Development Corp has signed two coal sales and purchase agreements to sell a total of 16,000 tonnes of coal sourced from its Ulaan Ovoo Coal Project in northern Mongolia. The purchasers are Erdenet ...
- Created on 29 December 2016
- 7. Mongolian mine implements Pitram
- (Supplier News)
- MICROMINE has implemented its fleet management and mine control solution Pitram at a large Mongolian copper mine operated by Erdenet Mining Corporation (EMC). MICROMINE provides intuitive software solutions ...
- Created on 05 November 2016
- 8. Erdenet expands processing capacity
- (Around the Region)
- AN expansion of processing facilities at Erdenet Mining Corporation’s copper-molybdenum project in northern Mongolia has resulted in annual ore production increasing by six million tonnes to 32 million ...
- Created on 26 September 2016
- 9. Bank expresses interest in northern rail
- (Latest)
- Aspire Mining has received an Expression of Interest from China Development Bank (CDB) to fund up to 75% of the engineering, procurement and construction (EPC) contract cost to build the Erdenet to Ovoot ...
- Created on 02 September 2016
- 10. Pitram implemented at Erdenet mine
- (Latest)
- MICROMINE has implemented its Fleet Management and Mine Control Solution Pitram, at one of Mongolia’s largest mines, Erdenet Mining Corporation (EMC). MICROMINE is a leading provider of intuitive software ...
- Created on 31 August 2016
- 11. Northern rail feasibility study begins
- (Latest)
- Aspire Mining has commenced the first stage of the Rail Feasibility Study for the Erdenet to Ovoot Railway in northern Mongolia. The rail line will form part of the new Northern Rail Economic Corridor ...
- Created on 22 August 2016
- 12. Northern Railway partners work on debt facility
- (Latest)
- ... (CRCB20G) to source bridge funding from a Chinese bank. The funding is a line of credit to enable completion of all pre-development activities required under the Erdenet to Ovoot Rail Concession Agreement ...
- Created on 16 March 2016
- 13. Mongolian railway alignment approved
- (Latest)
- Aspire Mining’s Mongolian rail infrastructure subsidiary Northern Railways LLC has received approval of the final alignment and rail connection point for the Erdenet to Ovoot Railway in northern Mongolia. ...
- Created on 07 January 2016
- 14. Thick coal seams intersected at Nuurstei
- (Latest)
- ... the presence of coking coal at Nuurstei. Nuurstei is near the capital town of Moron in Mongolia’s Khuvsgul province and alongside the Erdenet to Ovoot railway which is being developed by Aspire subsidiary, ...
- Created on 05 October 2015
- 15. Mongolian northern rail agreement executed
- (Latest)
- Aspire Mining announces that execution of the concession agreement to build and operate the Erdenet to Ovoot railway in Northern Mongolia has been completed during signing ceremonies in Mongolia and China. ...
- Created on 03 September 2015
- 16. Funds to start Mongolian railway BFS
- (Latest)
- Aspire Mining Limited has entered into a funding arrangement with Northern Railways LLC rail funding adviser, Signum Resources Corporation, to ensure that the Erdenet to Ovoot railway continues to meet ...
- Created on 31 August 2015
- 17. Government allows Mongolian rail agreement
- (Latest)
- ... the Erdenet to Ovoot railway in northern Mongolia. The agreement is for 30 years with 100% of the base railway structure to be transferred to the government at the end of the term. The agreement will ...
- Created on 14 August 2015
- 18. Increase in capacity at Erdenet plant
- (Around the Region)
- ERDENET Mining Corp (EMC) has commissioned a plant expansion at its Erdenet Copper Project in northern Mongolia that will increase the output of copper concentrates by more than 20%. A statement on the ...
- Created on 10 August 2015
- 19. Aspire raises Aus$4.396 million
- (Around the Region)
- ... company has also entered into a Consortium Agreement with China Railways 20 Bureau Group Corporation which will provide exclusive rights to technology required to construct the Erdenet to Ovoot Railway. ...
- Created on 04 August 2015
- 20. MONGOLIA - Spectral increases Aspire interest
- (Latest)
- ... Northern Railways with exclusive rights to technology required to construct the Erdenet to Ovoot Railway. CR20G is a wholly-owned subsidiary of China Railways Construction Corporation, a Fortune-50 ...
- Created on 21 June 2015