Aspire Mining to progress Ovoot with corporate advisors Aspire Mining has entered into an advisory mandate with corporate advisory firm and investment house Argonaut to progress its Ovoot Coking Coal Project in Mongolia. The company had recently received a new concept study that highlighted the ability for Ovoot coking coal to upgrade other lower ranking Mongolian Coal. Ovoot also stands to benefit from Mongolia’s recent rail agreement with Russia and trade deals with China. Argonaut, which specialises in the natural resources sector, will provide general corporate advice, advice with respect to debt and equity funding options for Aspire’s rail infrastructure subsidiary Northern Railways. coal.steelguru/other_asia/17683/aspire_mining_to_progress_ovoot_with_corporate_advisors
Posted on: Wed, 08 Oct 2014 17:41:40 +0000