Monday, 25 October, 2010 - 11:41
Ivanhoe takes stake in Aspire Mining
Shares in Aspire Mining rose after an Ivanhoe Group company took a substantial stake in the junior coal explorer as part of a $20 million capital raising.
Aspire Mining Limited engages in the exploration and development of mineral properties in Mongolia. The company explores for coking coal and iron ores.
It owns a 100% interest in the Ovoot coking coal project that comprises 3 exploration licenses covering an area of approximately 509 square kilometres in the Khuvsgul province of north western Mongolia. It also owns 90% of
the Nuurstei Coking Coal Project in the same region.
Rank | Company | 1 Yr | 5 Yr |
---|---|---|---|
51st | Eumeralla Resources | 207.79% | 0% |
52nd | Ora Banda Mining | 207.77% | 37.02% |
53rd | Aspire Mining | 201.87% | 17.31% |
54th | Sino Gas & Energy Holdings | 200.07% | 5.94% |
55th | Volt Power Group | 200% | 24.57% |
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NEW ROLE: Tristan Garthe, Chief Financial Officer | 25 Nov 2024 |
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NEW ROLE: Russell Taylor, Executive Director | 18 Sep 2024 |
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RANKING: 583 Down from 141 in Public Companies - Resources WA list | 02 Jul 2024 |
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RANKING: 141 Up from 142 in Public Companies - Resources WA list | 20 Jun 2024 |
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RANKING: 142 Down from 137 in Public Companies - Resources WA list | 28 May 2024 |
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RANKING: 113 Up from 117 in Public Companies - Resources WA list | 02 Oct 2023 |
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NEWS: Tagged in Board Moves May 17, 2023 | 17 May 2023 |
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NEW ROLE: Jules Grove, Chief Financial Officer | 17 May 2023 |
Shares in Aspire Mining rose after an Ivanhoe Group company took a substantial stake in the junior coal explorer as part of a $20 million capital raising.
Shares in Subiaco-based coal explorer Aspire Mining have continued their stunning run, after a second international investment group acquired a significant shareholding.
Aspire Mining has signed an agreement with Hong Kong-based commodities trading house Noble Group to assist with the development of the Ovoot coking coal project in Mongolia.
Shares in Aspire Mining have surged after it struck several transactions with commodities trader Noble Group over the Ovoot coking coal project in Mongolia.
Mongolian coal hopeful Aspire Mining has appointed Hannah Badenach as a non-executive director. Ms Badenach is currently vice president of asset development & operations at Noble Resources, a subsidiary of the Noble Group.
Subiaco-based explorer Aspire Mining has announced a $2.2 million placement to sophisticated investors for drilling at its Nuurstei coal project in northern Mongolia.
Daniel Tucker’s Carey Mining has emerged as a key backer of a proposed new Pilbara iron ore mine, which has been given the green light by the Environmental Protection Authority.
It has been a hectic few days of raising funds for Perth-based miners Aspire Mines, Rumble Resources and Australian Mines.
Aspire Mining has announced the retirement of long-serving non-executive chair David McSweeney. Mr McSweeney joined the Aspire board in February 2010 during the company’s acquisition of the Ovoot Coking Coal Project.
Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received. Due to strong demand the Board has approved an increase in this placement to $2.1 million.
Metallurgical coal developer Aspire Mining has announced a strengthened financial position with a $33.5 million proposed investment by its major shareholder along with a strategic board restructure.
Our weekly appointments wrap includes Peter McCafferty, Col Dutton, Andre Smit, Troy Morrison, Paige Exley, Matej Nvota, Sam Bowles and Greg Blenkiron.
Aspire Mining has made some changes to its board with the appointment of non-executive director Achit-Erdene Darambazar as managing director, executive chair David Paull transitioning to the role of non-executive chair in March 2020, Alex Passmore and Gan-Ochir Zunduisuren
The amount of money raised by ASX-listed explorers increased by 19 per cent to $1.61 billion in the December quarter, primarily for larger companies with lower-risk projects, according to a new report from accounting firm BDO.
SPECIAL REPORT: Capital for the junior mining sector is drying up amid growing concern the traditional business model for small explorers is broken.
Our board moves wrap includes David Paull, Neil Lithgow, Steve Voorma, Dean Taylor, Peng Zhang, Max Ji, Paul Burton, David Kelly, Phillip Wilding, Lisa Smith, John Featherby, Imants Kins, Carlos Arecco, Richard Henning, Juan Manuel Santos, and Carolina Arecco.
Our board moves wrap includes Emily Austin, Philip Rundell, Geoff Newman, Mark Sumich, Andrew Umbers, Mindy Ku, Damian Hicks, Amanda Scott, Markus Bachmann, Clay Gordon, Ian Gregory, Deborah Ho, Benjamin Donovan, Andrew Bruton, Julian Goldsworthy, and Kevin Seymour.
Our board moves wrap includes Hannah Badenach, Thomas Abraham-James, Wayne Bramwell, Michelle Woolhouse, Eldon Wan, Kee Kong Loh, Strati Gregoriadis, David Pass, Phil Hearse, Andrew Rutherford, Michael Rennie, Lesa Francis, Mladen Stevanovic, and Milos Bosnjakovic.
Our board moves wrap includes Rodd Boland, Ma Carillo, Andrew Spira, Matthew Waterhouse, Geoffrey Piggott, Tom Sonnen, Samuel Bowles, Jules Grove, Jose Martins, Gemma Cann, and Diana Kubicki.
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