Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Aspire Mining Appoints Rio Tinto Veteran As Non-Exec Director

Aspire Mining (ASX:AKM) has appointed Ross Tromans as the company's non-executive director.

Tromans, who is from Rio Tinto Services, is also the chief executive officer of SouthGobi Resources, which has 19.9% shareholding in Aspire. SouthGobi is in turn has Rio Tinto as the ultimate controlling shareholder.

Earlier this month he was appointed to the Board of SouthGobi Resources as executive director.

Tromans has approximately 30 years sales and marketing experience in the coal and energy sector
covering the Asian and North American markets.

At Rio Tinto Coal Australia, Tromans was responsible for the development and implementation of the overall marketing strategy for thermal, coking and semi-soft coal.

He has had various roles within marketing and sales in Rio Tinto Alcan, Kennecott Energy and Kaltim Prima Coal.

Aspire owns 100% of the Ovoot Coking Coal project in northern Mongolia and has recently completed a pre-feasibility study for the project, targeting a large scale open pit mining operation. At full capacity it plans production of up to 12 million tonnes per annum of coking coal over a 20 year life of mine.

Aspire is targeting first production at the Ovoot Project in 2016 subject to funding, approvals and licenses. The Ovoot Project ranks as the second largest coking coal Reserve in Mongolia, with JORC Code compliant Probable Coal Reserves of 219 million tonnes.

Aspire received a Mining License in August 2012, and is considering a smaller scale starter pit road based operation whilst continuing to progress access to rail infrastructure and other regulatory approvals to support a larger operation.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.