Key facts
| Company | Erdene Resource Development (TSX: ERD) |
|---|---|
| Commodity | Gold |
| Location | Canada |
| Stage | Production |
About Bayan Khundii Mine
The Bayan Khundii gold mine(“BK” or the “Project”) is located in southwestern Mongolia, within the Khundii Minerals District, approximately 16 kilometres south of the Company’s Altan Nar deposit. The Mine is owned by the private Mongolian company, Erdene Mongol LLC, jointly owned by Erdene and Mongolian Mining Corporation (“MMC”), the country’s largest independent miner.
News releases4 on file
Erdene Announces Q3 2025 Results, Provides Bayan Khundii Mining and Exploration Update
First gold was poured at the Bayan Khundii Gold Mine in Mongolia on September 14, with nameplate production of 650,000 tonnes of ore and 85,000 oz gold per annum expected by end of 2025; Erdene Mongol, the 50%-held joint venture with Mongolian Mining Corporation, sold 342 oz gold and 96 oz silver at weighted average prices of US$3,805/oz and US$44/oz in the quarter, and 9,300 metres of drilling is
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