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.
The 50 tonne per hour coal waste pelletisation plant, which the Company purchased on 26 June 2012 has now arrived in Durban, South Africa, where it is being securely stored, awaiting final transportation to its production site in Newcastle, South Africa.
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.
The Board of Directors of Padang Resources Limited (ASX:PXR) are very pleased to announce the appointment of Mr Peter Woods OAM as a non-executive director and chairman of the Company. Outgoing former chairman, Guy Le Page, will remain on the board as a non-executive director.
Pan Asia Corporation Ltd (ASX:PZC) is pleased to confirm that PT Transcoal Minergy ("TCM") has received official foreign owned company status from the Capital Investment Coordinating Board ("BKPM") in Indonesia by way of conversion to a PMA company (known locally in Indonesia as "Penanaman Modal Asing" or PMA) . This PMA approval is an important milestone that facilitates the planned incoming substantial foreign investment for the development of the project.
Blackham Resources Ltd (ASX:BLK) is pleased to announce that geological investigations at the Williamson area has identified an exploration target of 0.5 Moz to 2.0 Moz (2 to 6 g/t Au). The exploration target has been defined beneath the existing Williamson and Williamson South Resources and over the Carroll and Prior Prospects, approximately 1-2 km south of the Williamson Mine. The exploration target represents potential gold endowment in addition to the estimated combined resources at Williamson of 364,000oz.
Bandanna Energy Limited (ASX:BND) today provided an update in relation to its Springsure Creek underground coal project. The Springsure Creek project has an allocation of 4Mtpa capacity through the new Wiggins Island Coal Export Terminal (WICET) and will export first coal to customers via WICET in the second half of 2014.
