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Aspire Mining Limited

ASX:AKM ISIN:AU000000AKM7

 Aspire Mining Limited (ASX:AKM) owns 100% of the Ovoot Coking Coal Project in northern Mongolia. Aspire completed a Pre-Feasibility Study for the Ovoot Project in May 2012, targeting a large scale open pit mining operation, with production of 10-12 Mtpa of saleable coking coal at full capacity. Aspire is targeting first production at Ovoot in early 2016 subject to approvals and licenses. Ovoot ranks as the second largest coking coal Reserve, by project in Mongolia, with a JORC Code compliant Coal Resource at Ovoot of 252 Mt (156 Mt Measured, 70 Mt Indicated, 26 Mt Inferred) and Probable Coal Reserves of 178 Mt. Aspire is continuing to progress its application for a mining license, and access to rail infrastructure and other regulatory approvals.

  

News

Aspire Mining Limited (ASX:AKM) Annual Report 2012 to Shareholders

🕔9/28/2012 8:27:52 AM 6026

Aspire Mining Limited (ASX:AKM) is pleased to provide the Company Annual Report to shareholders. Aspire Mining is an exploration and development company focused on discovering and developing wold class premium coal deposits in Mongolia, maximising shareholder returns over the long term, and contributing to the social and economic enrichment of local communities.

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Aspire Mining Limited (ASX:AKM) Mining Licence Granted for Ovoot Coking Coal Project

🕔8/28/2012 12:51:32 PM 8627

Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) is pleased to announce that it has received from the Mongolian Resource Authority ("MRAM") Mining License number MV 017098 covering a total area of 5,758 hectares for the Ovoot Coking Coal Project ("Ovoot Project"). This License area covers both the planned open pit and the potential underground mining area to the north east of the open pit.

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Aspire Mining Limited (ASX:AKM) Potential Extension to Ovoot Coking Coal Resources

🕔8/22/2012 12:06:31 PM 5828

Mongolian coking coal explorer and developer Aspire Mining Limited (ASX:AKM) 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 ("Ovoot Project").

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Aspire Mining Limited (ASX:AKM) Quarterly Activities Report

🕔7/31/2012 8:20:03 AM 5688

Aspire Mining Limited (ASX:AKM) is pleased to present its June 2012 Quarterly Report.

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Aspire Mining Limited (ASX:AKM) Identifies Potential Significant Rail Capital and Operating Cost Savings

🕔7/30/2012 9:00:32 AM 6085

Aspire Mining Limited (ASX:AKM) and its Mongolian rail infrastructure subsidiary, Northern Railways LLC, are pleased to announce the results of an independent review of the Rail Pre-Feasibility Study ("Rail PFS") which was completed in February 2012.

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Aspire Mining Limited (ASX:AKM) Appoints Ovoot Project Director

🕔7/23/2012 11:54:41 AM 4849

Aspire Mining Limited (ASX:AKM) 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.

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Aspire Mining Limited (ASX:AKM) Signs MOU with Russian Railways Mongolian Subsidiary

🕔6/21/2012 11:10:42 AM 4309

Aspire Mining Limited (ASX:AKM) is pleased to announce it has signed a non-binding Memorandum of Understanding ("MOU") with the Mongolian subsidiary of rail giant JSC Russian Railways ("RZD" or "Russian Railways") to discuss extending the Trans-Mongolian Railway across northern Mongolia, including to Aspire's Ovoot Coking Coal Project ("Ovoot").

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Aspire Mining Limited (ASX:AKM) Delivers Positive Ovoot Pre-Feasibility Study

🕔6/1/2012 8:24:00 AM 5388

The Ovoot PFS is based on a large open pit mine delivering up to 15 million tonnes per annum ("Mtpa") of raw coal to Coal Handling and Preparation Plants ("CHPP") over a 15 year Life of Mine ("LOM"), producing 153 million tonnes (Mt) of high quality coking coal.

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Aspire Mining Limited (ASX:AKM) Reports 178 Mt JORC Compliant Coal Reserve for Ovoot

🕔5/28/2012 1:11:00 PM 3838

Aspire Mining Limited (ASX:AKM) 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 ("Ovoot" or "the Project") in northern Mongolia.

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Aspire Mining Limited (ASX:AKM) Quarterly Activities Report For Period Ended 31 March 2012

🕔4/30/2012 1:56:00 PM 2933

Aspire Mining Limited (ASX:AKM) is pleased to present its Quarterly Activities Report for period ended 31 March 2012.

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Company Data

    Headquarters
  • Level 2, Suite 20, 22 Railway Road, Subiaco, WA 6008
    PO Box 1918, Subiaco WA 6904
  • Telephone
  • +61-8-9287-4555 
  • Fax
  • +61-8-9388-1980 
  • Principal Sector
  • Mining 
  • Principal Industry
  • Mining & Metals 
  • Homepage
  • www.aspiremininglimited.com

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