Aspire Mining has struck a deal that will see Robert Friedland’s SouthGobi Resources take a stake in the company and assist with development of its Ovoot coking coal project in Mongolia.
Aspire Mining has struck a deal that will see Robert Friedland’s SouthGobi Resources take a stake in the company and assist with development of its Ovoot coking coal project in Mongolia.
SouthGobi will pay $20.1 million to acquire 19.9 per cent of Aspire through a share placement priced at 19¢ a share.
