Company Overview and News


Add AKM
to your dashboard

Headline News

Aspire Mining to complete bankable feasibility study for railway

2017-10-13 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has entered into a binding memorandum of understanding (MOU) to advance the Erdenet to Ovoot Railway Project located in Mongolia.

Xanadu Mines to gain coking coal exposure in Mongolia

2017-10-10 proactiveinvestors.com.au
Xanadu Mines Ltd (ASX:XAM) will soon have an indirect interest in Mongolian coking coal projects through the upcoming issuance of 10 million shares in Aspire Mining (ASX:AKM).

Xanadu Mines to gain coking coal exposure in Mongolia

2017-10-10 proactiveinvestors.com.au
Xanadu Mines Ltd (ASX:XAM) will soon have an indirect interest in Mongolian coking coal projects through the upcoming issuance of 10 million shares in Aspire Mining (ASX:AKM).

Aspire Mining receives landmark mining licence

2017-10-09 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has been granted and received a mining licence covering 860.9 hectares of its 90%-owned Nuurstei Coking Coal Project located in Mongolia.

WA operator Aspire Mining granted licence for coking coal project

2017-10-09 australianmining.com.au
Western Australian mining operator Aspire has received a 30-year mining licence for its 90 per cent-owned Nuurstei Coking Coal Project in Mongolia.

Aspire Mining rebalances finances, eyes near-term production opportunity

2017-08-14 proactiveinvestors.com.au
Aspire Mining Ltd (ASX:AKM) has now finalised a balance sheet restructure, while also moving to a 90% interest in the Nuurstei Coking Coal Project located in Mongolia.

Aspire Mining extends raising timeline for Nuurstei Coking Coal Project

2017-08-10 proactiveinvestors.com.au
Aspire Mining Ltd (ASX:AKM) has extended the timeline of its capital raising program where new funds will be used for the acquisition of a further interest in the Nuurstei Coking Coal Project and a debt restructure.

Aspire Mining lowers cost estimate for Nuurstei Coal Project

2017-07-28 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has received revised capital estimates for the development of its Nuurstei Coking Coal Project located in Mongolia.

Aspire Mining Ltd to open capital raising for Nuurstei development

2017-07-03 proactiveinvestors.com.au
Aspire Mining Ltd (ASX:AKM) is set to open a placement aimed at raising up to $4 million through the issue of 200 million shares priced at $0.02.

Aspire Mining increases exposure to near-term coal production

2017-06-15 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has entered into an agreement to facilitate the exercise of its option to increase its ownership to 100% from 50% in the Ekhgoviin Chuluu Joint Venture (ECJV).

Aspire Mining to reveal acquisition and other key details

2017-06-13 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has been granted a trading halt by the ASX, with its shares placed in pre-open.

Aspire Mining enters agreement to advance railway

2017-06-07 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has entered into a non-binding cooperation agreement with China Gezhouba Group Company Limited (CGGC) to advance the Erdenet to Ovoot Railways Project.

Aspire Mining takes important step towards coal mine licence

2017-05-31 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has had the registration approved by the Mongolian Resource Authority for its 45% owned Nuurstei Coking Coal Project located in Mongolia.

Aspire Mining receives interest to fund modular coal plant

2017-05-10 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has received an expression of interest (EOI) to fund a modular coal handling and processing plant at the Nuurstei Coking Coal Project in Mongolia.

Aspire Mining signs coal off-take with Noble Group

2017-05-03 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has executed an off-take agreement with Noble Group (SGX:N21) for 6 months of production from the Nuurstei Coking Coal Project located in Mongolia.

Aspire Mining's coal purchase strategy to de-risk Nuurstei

2017-05-02 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has signed a memorandum of understanding to mine and purchase raw coal from a coal mine adjacent to its Nuurstei Coking Coal Project in Mongolia.

Aspire Mining study results support open cut coal mine

2017-04-19 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has received results from a conceptual mining study evaluating the viability of a mining operation at its 45% owned Nuurstei Coking Coal Project in Mongolia.

Aspire Mining: Access latest PPT from Proactive's CEO Sessions

2017-04-13 proactiveinvestors.com.au
Aspire Mining's (ASX:AKM) managing director, David Paull, joined Proactive's CEO Sessions in Sydney on Wednesday, 12th April.

Aspire Mining highlights benefits to Mongolia for Erdenet to Ovoot Railway

2017-03-28 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) is the largest coal tenement holder in Mongolia’s Northern provinces, and the key to unlocking the deposit is infrastructure.

Aspire Mining signs agreement to advance coal railway

2017-02-20 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has signed a memorandum of understanding with a Mongolian and Russian government joint venture to progress the commercialisation of the Erdenet to Ovoot Railway. Aspire owns the Ovoot Coking Coal Project and its development is dependent on the construction of the Erdenet to Ovoot railway, which is being progressed by Aspire’s subsidiary Northern Railways LLC. The 547 kilometre railway segment has been included in a new Northern Rail Economic Corridor connecting China and Russia through Mongolia as part of China’s One Belt One Road Policy.

Aspire Mining reveals Erdenet to Ovoot Rail concession extended

2017-02-07 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has outlined that it has received confirmation from Mongolia’s National Development Agency that it has approved an 18 month extension to the time required to complete the conditions precedent for the Erdenet to Ovoot Rail Concession Agreement.

Aspire Mining receives favourable study results for railway

2017-01-09 proactiveinvestors.com.au
Aspire Mining (ASX:AKM) has received the first stage feasibility study results for the Erdenet to Ovoot railway in Mongolia, which conclude the project to be financially feasible.

Aspire Mining director exercises in-the-money options

2016-12-21 proactiveinvestors.com.au
In total Lithgow exercised 3,333,333 options and therefore investing $100,000 in Aspire, bringing his stake to circa 182.6 million shares, and further aligning himself with the company.

Aspire Mining responds to investor demand with share placement

2016-12-16 proactiveinvestors.com.au
Up to $220,000 worth of shares will be placed to a new investor priced at $0.03.

Latin Resources Ltd granted further lithium ground, drilling soon

2016-11-21 proactiveinvestors.com.au
Latin Resources Ltd (ASX:LRS) has been granted its final two tenements totalling 7,050 hectares, which expand the now 76,700 hectare Catamarca lithium project in Argentina.