Trade & transport

Paringa Resources successfully amends its coal sales agreement with LG&E and KU for coal to be delivered from its proposed Buck Creek No.2 mine rather than its No.1 mine in Kentucky, US.

Aspire Mining is working to secure bridge funding to predevelopment work on the Erdenet-to-Ovoot rail line.

Development at Universal’s NCC coal project is awaiting on a coal supply agreement with state utility Eskom before moving the mine can move to production.

Aspire Mining subsidiary, Northern Railways, has received ins Construction License for the Erdenet-to-Ovoot Railway from the Mongolian government.