Dear Shareholders, I am pleased to report to you on the activities of Aspire Mining Limited during the year under review. Your Company successfully completed a significant milestone in its progress towards development of the Ovoot Coking Coal Project in northern Mongolia by the completion of the Ovoot Pre-Feasibility Study. One of the outstanding [...]
Mongolian coking coal explorer and developer Aspire Mining is pleased to announce that it has received from the Mongolian Resource Authority Mining License number MV 017098 covering a total area of 5,758 hectares for the Ovoot Coking Coal Project. This License area covers both the planned open pit and the potential underground mining area to the [...]
Mongolian coking coal explorer and developer Aspire Mining is pleased to announce that three exploration holes and two geotechnical holes have intersected coal outside existing Coal Resources at the Ovoot Coking Coal Project. The Company has been progressing an exploration drilling programme to test extensions to the existing Ovoot Project coking [...]
Aspire is pleased to present its June 2012 Quarterly Report. Aspire is focused on developing its world-class 100%-owned Ovoot Coking Coal Project in northern Mongolia and advancing the region's infrastructure to bring Ovoot Project coking coal to world markets. The Ovoot Project is a new discovery of a large coking coal deposit and the Company has [...]
Aspire and its Mongolian rail infrastructure subsidiary, Northern Railways, are pleased to announce the results of an independent review of the Rail Pre-Feasibility Study (which was completed in February 2012. The review was conducted by Calibre Rail, world leaders in bulk commodity rail design, who applied the same Mongolian rail design parameters [...]
Aspire is pleased to welcome Mr James Benson to its senior management team, having been recently appointed as Ovoot's Project Director. James is an experienced engineer and large scale project manager with widespread experience in the former Soviet Union and Mongolia. Based in Ulaanbaatar (Mongolia), James will be responsible for overseeing the [...]
Aspire is pleased to announce it has signed a non-binding Memorandum of Understanding with the Mongolian subsidiary of rail giant JSC Russian Railways to discuss extending the Trans-Mongolian Railway across northern Mongolia, including to Aspire's Ovoot Coking Coal Project. Aspire said the MOU with Infrastructure Development LLC ('ID') would [...]
Aspire Mining is pleased to announce the completion of the Pre-Feasibility Study for its 100% owned Ovoot Coking Coal Project. The PFS, undertaken by Xstract Mining Consultants, confirms that Ovoot is financially robust and technically and commercially feasible. The PFS used recently modelled open pit Probable Coal Reserves of 178 Mt, which [...]
Aspire Mining is pleased to announce it has established a maiden 178 million tonne JORC Code compliant open pit Coal Reserve for its Ovoot Coking Coal Project in northern Mongolia. The updated Coal Reserve and Coal Resource Statement was completed by Xstract Mining Consultants Pty Ltd and will be included in the Pre-Feasibility Study on the Ovoot [...]
Aspire is pleased to present its Quarterly Activities Report for period ended 31 March 2012. Aspire is focused on developing its world-class 100%-owned Ovoot Coking Coal Project in northern Mongolia and advancing the region's infrastructure to bring Ovoot coking coal to world markets. It is currently working on the completion of a Pre-Feasibility [...]
Mongolian coal explorer Aspire Mining is pleased to advise that it has agreed to assist to fund the completion of construction of a local hospital near to the Company's Ovoot Coking Coal Project in northern Mongolia. In addition, Aspire has provided funding for two medical doctors to provide healthcare services onsite and to communities surrounding [...]
Aspire Mining directors submit the financial report of the consolidated entity for the half-year ended 31 December 2011. In order to comply with the provisions of the Corporations Act 2001, the directors report as follows: The names of directors who held office during or since the end of the interim period and until the date of this report are [...]
