Erdene Resource Development Corp. is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual General Meeting of Shareholders held on June 20, 2024 in Halifax, Nova Scotia. Details of the Meeting are provided below. Appointment of Board and Executive At the Meeting, shareholders voted [...]
Erdene Resource Development Corp. is pleased to publish its 2024 Letter to Shareholders authored by President and CEO, Peter Akerley. To read the letter please visit: Letter to Shareholders Peter Akerley, Erdene's President and CEO stated, "The past year has been transformative for our Company. As outlined in my letter to fellow shareholders, we [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three months ended March 31, 2024, and to provide an update on progress at its Bayan Khundii Gold Project , being developed with Mongolian Mining Corporation . This release should be read in conjunction with the Company's Q1-2024 Condensed Consolidated [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the year ended December 31, 2023, and to provide an update on progress at its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's 2023 Financial Statements and MD&A, available on the Company's website and SEDAR+. Peter [...]
Erdene Resource Development Corp. is pleased to announce the execution of debt finance agreements for up to US$80 million with Mongolian Mining Corporation to fund construction of the high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia. Peter Akerley, Erdene's President and CEO stated, "We are very pleased to close the [...]
Erdene Resource Development Corp. is pleased to announce the commencement of full construction at the high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia and the close of the investment by Mongolian Mining Corporation as part of the Strategic Alliance Agreement to develop the Khundii Minerals District. Peter Akerley, Erdene's [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and nine months ended September 30, 2023, and to provide an update on progress at its Bayan Khundii Gold Project . This release should be read in conjunction with the Company's Q3-2023 Condensed Consolidated Interim Financial Statements and MD&a [...]
Erdene Resource Development Corp. is pleased to provide an update on its Strategic Alliance with Mongolian Mining Corporation for the development of its high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia. Strategic Alliance with MMC On January 10, 2023, Erdene executed a Strategic Alliance Agreement with MMC to develop the [...]
Erdene Resource Development Corp. is pleased to announce that further to its announcement of an updated independent Feasibility Study for the high-grade, open-pit Bayan Khundii Gold Project in southwest Mongolia, on August 15, 2023, the Company has now filed the Technical Report entitled "Bayan Khundii Gold Project, Feasibility Study Update, NI [...]
Erdene Resource Development Corp. is pleased to provide an update on progress at its high-grade, open-pit Bayan Khundii Gold Project in southwestern Mongolia. Quotes from the Company: "Development activities at the Bayan Khundii Gold Project are underway with the early works phase of the Project nearing completion," said Peter Akerley, President [...]
NI 43-101 Technical Report Highlights Base Case after-tax Net Present Value of US$170 million and 35.3% Internal Rate of Return , increasing to US$196 million and 38.95% IRR, respectively, at current gold price of US$1,900/oz Life of Mine Earnings Before Interest, Taxes and Depreciation of US$451 million, increasing to US$495 million at a [...]
Erdene Resource Development Corp. is pleased to announce operating and financial results for the three and six months ended June 30, 2023 and to provide an update on recent accomplishments in its Khundii Minerals District . This release should be read in conjunction with the Company's Q2-2023 Condensed Consolidated Interim Financial Statements and [...]