Aspire Mining shares surge on revealing viable rail link between Ovoot and Russian border www.proactiveinvestors.com.au

Aspire Mining Ltd (ASX:AKM) has received a positive preliminary economic assessment (PEA) for a rail link for its Ovoot Coking Coal Project in Mongolia, from rail design and engineering firm Perfect Road Project LLC.

Nationwide harvesting running at 90 percent www.montsame.mn

Ulaanbaatar/MONTSAME/ By the end of last week, the nationwide harvesting showed 90 percent fulfillment.

Leicester City owner among five dead in helicopter crash www.bbc.com

The owner of Leicester City FC died when his helicopter crashed outside the stadium, the club has confirmed.

Vichai Srivaddhanaprabha, two members of his staff, the pilot and a passenger were killed when the aircraft crashed at about 20:30 BST on Saturday.

Witnesses said the helicopter just cleared the King Power Stadium before it spiralled out of control and crashed in a fireball.

Thousands of bouquets and scarves have already been left outside the ground.

Leicestershire Police said it believed the dead to be:

Thai billionaire Vichai Srivaddhanaprabha
Two members of his staff, Nursara Suknamai and Kaveporn Punpare

Mr Swaffer had over 20 years' flying experience as a private jet and helicopter pilot.

His career included flying helicopters for live media broadcasting including Channel 4's The Big Breakfast and the Virgin Radio traffic helicopter.

Mr Swaffer's friend Lucie Morris-Marr said he was a "veteran in the field" and would have done all he could to prevent lives being lost in the crash.

She added that he was a "funny and vivacious" man who was in an "aviation love story" with Ms Lechowicz.

"Not many people get to work and travel with their soulmate, travelling the world going to glamorous places," she said.

The couple were professional pilots who lived together in Camberley, Surrey. Ms Lechowicz moved to the UK from Poland in 1997.

In a statement, the Polish embassy said: "With great sadness, we received the news about the death of Izabela Lechowicz in the Leicester catastrophe.

"She was a great pilot, winner of the #Polka100 contest. It contributed to the creation of a positive image of Poland in the UK."

Mr Vichai, 60, who was married and had four children, bought Leicester City for £39m in 2010.

Under his ownership the club won the Premier League in 2016, having started the season as 5,000/1 outsiders.

In a statement, Leicester City said the club's thoughts were with "the Srivaddhanaprabha family and the families of all those on-board at this time of unspeakable loss".

The club described Mr Vichai as "a man of kindness, of generosity and a man whose life was defined by the love he devoted to his family and those he so successfully led".

"Leicester City was a family under his leadership. It is as a family that we will grieve his passing and maintain the pursuit of a vision for the club that is now his legacy," it added.

A book of condolence will be opened at King Power Stadium from Tuesday morning. The team's next fixture against Southampton in the EFL Cup, scheduled for Tuesday evening, has been postponed.

Leicester goalkeeper Kasper Schmeichel, who witnesses said ran out of the stadium towards the crash scene, said Mr Vichai had "changed football forever".

"I cannot believe this is happening. I am so totally devastated and heartbroken," he added.

Club captain Wes Morgan tweeted: "Absolutely heartbroken and devastated regarding the news of our chairman. A man that was loved and adored by everyone here at lcfc."

Premier League chief executive Richard Scudamore said: "Vichai was a gentleman who graced the game with his civility and charm and we will miss him enormously.

"His impact on Leicester - the football club and the city - will be remembered forever."

Paris Saint-Germain, Inter Milan, West Ham United, Tottenham Hotspur, Nottingham Forest and Swansea City were among the football clubs that passed on condolences to Leicester.

The helicopter came down in a car park near the stadium just over an hour after Leicester had drawn 1-1 against West Ham United in the Premier League.

Leicestershire Police confirmed no-one else had been injured and said the Air Accidents Investigation Branch had launched an investigation.

Who was Leicester's billionaire owner?
'Probably the best owner in England'
Supt Steve Potter said: "Emergency services were immediately on scene when the crash happened, working to put out the fire and gain access to the helicopter in attempts to reach those inside.

"Despite those efforts, there were no survivors."

Supt Potter said it was likely to take several days to complete the investigation at the crash site.

Freelance photographer Ryan Brown, who was covering the game, saw the helicopter clear the King Power Stadium before it crashed.

He told BBC Radio Leicester: "The engine stopped and I turned round and it made a bit of a whirring noise, like a grinding noise.

"The helicopter just went silent, I turned round and it was just spinning, out of control. And then there was a big bang and then [a] big fireball."

Former NBA player Bateer elected president of China's Inner Mongolia Basketball Association www.xinhuanet.com

HOHHOT, China, Oct. 28 (Xinhua) -- Mengke Bateer, former NBA player who had won an NBA championship ring with the San Antonio Spurs, was unanimously elected president of the Inner Mongolia Basketball Association here on Sunday.

PM announces establishment of Water Agency www.zgm.mn

On the mark of the 80th anniversary of establishment of water sector in Mongolia, Prime Minister Khurelsukh Ukhnaa delivered a speech at the commemorative meeting last Friday and announced to inaugurate an agency responsible for water issues. “Mongolia had a Ministry of Water twice in the history, in which several major documents outlining policies on water industry were issued. For instance, the Law on Water Use ofMongolian People's Republic was approved at the 69th ordinance of Presidium of the People’s Great Khural and four tomes of General Scheme for Integrated use and Protection of Water Resources of the People's Republic of Mongolia were published in 1971-1975. The water sector remained silent since 1990 and the 2004 Law on Water included the state administrative bodies in charge of nature and environment, establishing Water Department under the Ministry of Environment. However, the Water Agency, which was consolidating Mongolia’s water policy, was disbanded in 2012; thus the water issue is being addressed only at a department level of Ministry of Environment and Tourism,” stressed Mr. Khurelsukh. Scholars are highlighting that the current structural organization of water authority and the scope of state policy is not aligning with the facing water issues in Mongolia.

Azerbaijani products to be exported to Mongolia www.en.trend.az

Azerbaijani products will be exported to Mongolia, Azerbaijani Ministry of Economy said.

Silk Road on steel wheels: Belgium & China launch new cargo train route www.rt.com

The first cargo train, loaded with 37 containers, left the Belgian city of Liege this week to travel to the capital city of China’s Henan province. The freight route is part of China’s ambitious One Belt One Road project.
The train is loaded with goods including auto parts, baby food, pharmaceuticals and steel products for import stores in central China. It will travel 12 days across the continent via Russia before arriving in Zhengzhou. The trip is to cover more than 11,000km.

Spain to close most coal mines by end of 2018 www.mining.com

Spain will close most of its coal mines by the end of the year after government and unions reached a deal that will see €250 million invested in mining regions over the next ten years, The Guardian reported today.

Model road built in Khovd aimag benefits local people www.montsame.mn

Citizens of Khovd aimag are happy with spending 4-5 hours on the road where it used to require two days before. What is more, paved road between Khovd aimag and the border with China was built with financing of the Government, the Asian Development Bank (ADB) and Exim Bank and was put into operation three years ago.

ADB Country Director for Mongolia Yolanda Fernandez Lommen visited the aimag last week to familiarize with how local people are benefitting from the road that connected north and south borders of Mongolia.

Within the framework of Western Regional Road Corridor Investment Program, 404 km of paved road out of 740 km was built with funding of the ADB. Thanks to the paved road the citizens began to benefit by saving their time, promptly receiving medical services, getting rid of technical damages in vehicles and profiting from their businesses. It also helps expand international trade and economic cooperation. The world-standard auto road with guardrails, flood protection dam, rest areas and road signs could be model infrastructure in road sector of Mongolia.

Ms. Yolanda Fernandez Lommen said that the paved road developed in Khovd aimag, center of the western region, commissioned in 2015. The ADB funded it with about USD 200 million. Construction of roads and buildings run for a short period of time in Mongolia due to the extreme weather conditions. Furthermore, Khovd aimag is a rocky and mountainous area and flooding and natural factors caused much obstacle in the road construction. I am delightful that Mongolia now has a road that satisfies international standard. It is a special road as it gives benefits not only to Mongolia but also other countries.

Citizens of Khovd aimag shared their impression on the new paved road.

Citizen of Bichigt bag (smallest administration unit) of Jargalant soum B.Jantsan noted that the road is not only fruitful for Mongolia also for Russia and China. Prior to having the new road, only UAZ-469, Russian made van and heavy trucks used to travel. Whereas the new road provides us with opportunity to travel by passenger car. Our soum is truly developing in keeping with the road. It brought many achievements to our life such as receiving medical services directly and catching a bus between Khovd and Ulaanbaatar city without going to the aimag center. Our bag locates 210 km from the aimag center and now it takes just two hours to reach there. Road quality is in good condition and we should pay attention on road maintenance further.

Whereas Citizen of Mankhan soum Kh.Tsendee shared her impression by saying that the paved road built with finance of the ADB is making much contribution to our life. It has been facilitating our work and eases life. Our family runs canteen, grocery and tire repairing service along the road. Before, a few of people used to receive our service, but more people get to receive our service due to increased passenger flow thanks to the new road and now our profit has been risen. Therefore, I am expressing my gratitude to all people who built the new road and made investment to the construction.

Altai soum of Khovd aimag has a population of 3219 or 808 households. More than 200 citizens of the soum were employed for assistant works of the road construction. In order to extend life of the road, the soum authorities intend to establish the road capacity control zone and reflected it in the landuse plan. The control zone will allow to control all vehicles travelling on the road. Ore transport from Naranbulag soum of Uvs aimag pass through here and we will put control on heavy trucks transporting 24-26 tons of freight. This movement will be stopped and we will focus our attention on road maintenance and protection, talked N.Burged, Head of Citizens Representatives Khural of Altai soum of Khovd aimag.
Such as this, citizens spoke about how the road built within Western Regional Road Corridor Investment Program leads them to the development.

Moreover, road construction process of the phase II project with funding of the ADB is running at about 90 percent performance reported specialist at advisory team of Western Regional Road Corridor Investment Program Ch.Enkhjargal.

Within the scope of the phase II project, 53.9 km of paved road from Khovd aimag to Shurga’s bridge is being built by HKB International Holding LLC. A total of 280 machineries and vehicles and over 400 workers were mobilized for the road construction work. Whereas 50 km of paved road from Shurga’s bridge to Khashaatiin Davaa pass is being developed by China Huashi Enterprises Limited LLC and being monitored by Indian-Mongolian joint ICT Company. Currently, Mongolia has a road network of about 48,538 km, but only about 13.2 per cent are paved—a situation that affects the country’s growth prospects, particularly on jobs, trade, and connectivity. The road project and its attached technical assistance prove that it improves Mongolia’s road asset management practices. and investment in road improvement and maintenance is crucial as it creates jobs, provides people with better connectivity and access to markets and public services such as schools and hospitals, and improves road safety.

Hong Kong and New York exchanges requested to trade Tavan Tolgoi stocks www.montsame.mn

Ulaanbaatar /MONTSAME/ On October 25, Minister of Mining and Heavy Industry D.Sumiyabazar gave briefing on the preparation work for trade of ‘Erdenes Tavan Tolgoi’ stocks on the international markets.