The ASIA Miner

1. Aspire funds to expedite Nuurstei: (Around the Region); ASPIRE Mining believes A$16.5 million raised in a fully underwritten rights issue will enable it to expedite development of the Nuurstei Coking Coal Project. The company aims to put the 90%-owned project ...; Created on 08 March 2018
2. Aspire Mining opens rights issue: (Latest); ... Patersons Securities has been appointed lead manager to fully underwrite the rights issue. Aspire intends to use the funds raised to expedite development of its Nuurstei Coking Coal Project in Northern ...; Created on 28 November 2017
3. Aspire seeks funds to fast track Nuurstei: (Latest); Aspire Mining intends to use funds raised from a A$16.5 million renounceable Rights Issue to expedite development of its Nuurstei Coking Coal Project in Northern Mongolia. The company hopes the funds will ...; Created on 07 November 2017
4. Aspire granted Nuurstei Mining Licence: (Latest); Aspire Mining has received a Mining Licence for 860.9 hectares of its 90%-owned Nuurstei Coking Coal Project in northern Mongolia. The licence was granted by the Mineral Resources Authority of Mongolia ...; Created on 10 October 2017
5. Aspire funds boost for Nuurstei: (Latest); Aspire Mining has finalised a restructure of its balance sheet by raising a total of A$3.7 million. This comes at a time when the company has moved to a 90% interest in the Nuurstei Coking Coal Project ...; Created on 17 August 2017
6. Nuurstei wash plant capital costs lowered: (Latest); Revised estimates for the proposed wash plant at Aspire Mining’s Nuurstei Coking Coal Project in northern Mongolia have reduced capital costs by US$4 million to $5 million. The plant is now expected to ...; Created on 03 August 2017
7. Funding interest for coal handling plant: (Around the Region); ASPIRE Mining has received an expression of interest to fund a modular Coal Handling and Processing Plant (CHPP) at Nuurstei Coking Coal Project. The interest has come from ODDO BHF, a German private bank ...; Created on 29 July 2017
8. Aspire welcomes Tyva rail support: (Latest); ... section has now been agreed. Meantime, the company aims to raise up to A$4 million by way of a placement with the funds to assist in acquisition of a further interest in the Nuurstei Coking Coal Project. ...; Created on 06 July 2017
9. Aspire to increase stake in Nuurstei: (Latest); ... The transaction will increase Aspire’s interest in ECJV’s Nuurstei Coking Coal Project in northern Mongolia to 90%. The agreement will also result in Aspire restructuring existing debt and interest ...; Created on 20 June 2017
10. Registration approved for Nuurstei project: (Latest); ... of the Nuurstei Coking Coal Project in northern Mongolia. The registration is an important procedural step in the application and issuance of a mining licence. It now allows ECJV to lodge the previously ...; Created on 01 June 2017
11. Funding interest for Mongolian coal plant: (Latest); Aspire Mining has received an expression of interest to fund a modular Coal Handling and Processing Plant (CHPP) proposed to be established at the Nuurstei Coking Coal Project in northern Mongolia. The ...; Created on 13 May 2017
12. Offtake agreement for coal from Nuurstei: (Latest); Aspire Mining has signed an offtake agreement with joint venture partner Noble Group for supply of coal from the Nuurstei Coking Coal Project in northern Mongolia. The agreement covers the first six months ...; Created on 04 May 2017
13. Coal agreement may de-risk Nuurstei: (Latest); ASX-listed Aspire Mining has entered into an MoU to mine and purchase raw coal from an existing mine adjacent to the Nuurstei Coking Coal Project in northern Mongolia. The agreement will help in de-risking ...; Created on 03 May 2017
14. Study supports near-term Nuurstei potential: (Latest); An independent conceptual mining study has confirmed the potential for near-term development of the Nuurstei Coking Coal Project in northern Mongolia. The study for the Ekhgoviin Chuluu Joint Venture (ECJV), ...; Created on 20 April 2017
15. Study shows Ovoot rail section is feasible: (Around the Region); ... world-class Ovoot Coking Coal Project adjacent to the proposed line and has a 45% interest in the smaller Nuurstei Coking Coal Project which is well placed to be an early rail user. The capital construction ...; Created on 04 April 2017
16. Nuurstei open pit has economic potential: (Around the Region); A LARGE proportion of the deposit at Aspire Mining’s Nuurstei Coking Coal Project can be mined economically in an open pit. Modelling carried out during preliminary pit optimisation uses indicated and ...; Created on 04 April 2017
17. Study shows Erdenet-Ovoot rail is feasible: (Latest); ... is the rail subsidiary of Aspire Mining, which owns the world-class Ovoot Coking Coal Project adjacent to the proposed line and has a 45% interest in the smaller Nuurstei Coking Coal Project which is well ...; Created on 11 January 2017
18. Economic potential for Nuurstei open pit: (Latest); Preliminary pit optimisation work at Aspire Mining’s Nuurstei Coking Coal Project in northern Mongolia indicates that a large proportion of the deposit can be mined economically in an open pit. The modelling ...; Created on 24 October 2016
19. Initial coal resource for Nuurstei: (Around the Region); AN initial resource report for the Nuurstei Coking Coal Project in northern Mongolia has estimated that it contains 12.85 million tonnes of coal with 4.7 million tonnes in the indicated category and the ...; Created on 28 September 2016
20. Initial coal resource for Nuurstei: (Latest); The Ekhgoviin Chuluu Joint Venture (ECJV) between Aspire Mining and Noble Group has received an initial resource report for the Nuurstei Coking Coal Project in northern Mongolia. The project contains 12.85 ...; Created on 18 April 2016

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