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Erdene Resource Development Corp. and Mongolian Mining Corporation had executed debt finance agreements worth up to US$80 million to finance the development of the high-grade, open-pit Bayan Khundii Gold Project in southwest Mongolia.
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Erdene Resource Development Corp. is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project (“Bayan Khundii”, “BK” or "Project”) in southwestern Mongolia and the close of the investment by Mongolian Mining Corporation (“MMC”) as part of the Strategic Alliance Agreement (“SAA”) to develop the Khundii Minerals District.
HALIFAX, Nova Scotia, Jan. 29, 2024 -- Erdene Resource Development Corp. is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project in...
Figure 1 Process Plant Foundations and Temporary Facilities – October 2023 Figure 2 Process Plant Foundations and Temporary Facilities – January 2024 Milestone Milestone HALIFAX, Nova Scotia, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN) ("Erdene" or the "Company") is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project (“Bayan Khundii”, “BK” or "Project”) in southwestern Mongolia and the close