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Erdene Resources Reports Bayan Khundii Mine Progress
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Erdene Resources Reports Bayan Khundii Mine Progress

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Erdene Resources (TSE:ERD) has released an update.

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Erdene Resource Development Corp. has reported significant progress in the construction of the Bayan Khundii Gold Mine in Mongolia, with the project reaching 45% completion by the end of September 2024. The company anticipates completing the process plant and infrastructure by early 2025, aiming for first gold production in mid-2025.

For further insights into TSE:ERD stock, check out TipRanks’ Stock Analysis page.

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