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Aspire Mining commences resource conversion drilling ahead of feasibility study

Aspire Mining Ltd (ASX:AKM) has just embarked on its drilling program at the Nuuersti Coking Coal Project in Mongolia as it aims to upgrade the resource.

Aspire Mining rail partners seek future freight capacity guarantees

Aspire Mining Ltd (ASX:AKM) and its investment partner in the Erdenet to Ovoot Rail Project in Mongolia will extend the option period for an investment agreement in order to confirm future rail capacity guarantees.

Aspire Mining's revised rail consortium brings technical and financial benefits for Ovoot

Aspire Mining Ltd’s (ASX:AKM) revised framework agreement for the construction of the railway servicing its Ovoot Coking Coal Project in Mongolia will have a positive impact.

Aspire Mining makes key appointment on coking coal production path

Aspire Mining Ltd (ASX:AKM) has made a key operational appointment as it aims to begin producing coking coal from its 90%-owned Nuurstei project in northern Mongolia within 18 months.

Aspire Mining’s major shareholder Noble Group increases stake

Aspire Mining Ltd (ASX:AKM) has revealed major shareholder, Noble Group Limited (SGX:CGP), has increased its stake in the company to 19.9%. (7-0)

Aspire Mining attracts $16.5 million to advance coking coal project in Mongolia

Aspire Mining Ltd (ASX:AKM) has successfully completed its fully underwritten $16.5 million pro-rata renounceable entitlement offer at an issue price of $0.012 per share. (7-0)

Aspire Mining closes rights issue to support development of Nuurstei coal mine

Aspire Mining Ltd (ASX:AKM) has closed its 6:5 renounceable rights issue which will raise up to $16.5 million.

Aspire Mining opens rights issue to fast-track coal mine development

Aspire Mining (ASX:AKM) has today opened its 6:5 renounceable rights issue priced at $0.012 with a 1:4 attaching option to raise up to A$16.5 million. (7-0)

Aspire Mining's David Paull talked railway to production at Proactive's CEO Sessions

Aspire Mining Ltd's (ASX:AKM) managing director, David Paull, joined Proactive's CEO Sessions in Melbourne and Sydney this week.

Aspire Mining to discuss transformational funding at Proactive's CEO Sessions

Aspire Mining Ltd (ASX:AKM) is undertaking a transformation funding package which will be used to expedite development of the company's 90%-owned Nuurstei Coking Coal project in Mongolia. (7-0)

Aspire Mining rights issue to unlock coking coal production

Aspire Mining (ASX:AKM) has proposed a 6:5 renounceable rights issue priced at $0.012 with a 1:4 attaching option to raise A$16.5 million. (7-0)

Small miners busy raising $36 million

It has been a busy few days of raising funds for Perth-based miners Aspire Mines, Rumble Resources and Australian Mines. Aspire Mining today announced a $16.5 million renounceable rights issue to reduce debt and fast-track its Nuurstei Coking Coal project in Northern Mongolia to production in 18 months. Australian Mines requested a halt to trading yesterday pending a release of an announcement of a share placement, thought to raise up to $15 million, to institutional investors in the UK, Hong Kong and Australia. (0-1)

Aspire Mining moves towards finalising raising to advance assets

Aspire Mining Ltd (ASX:AKM) has been granted additional time to finalise a capital raising by the ASX in the form of a voluntary suspension, which follows on from a two day trading halt.

Aspire Mining to lift cash to advance Mongolian assets

Aspire Mining Ltd (ASX:AKM) remains focused on its coal assets in Mongolia, and advancing key infrastructure including railway.

Aspire Mining to complete bankable feasibility study for railway

Aspire Mining (ASX:AKM) has entered into a binding memorandum of understanding (MOU) to advance the Erdenet to Ovoot Railway Project located in Mongolia.