Erdene Resource Development
Minerals & Mining · Canada · 501-1,000 Employees
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Overview
Headquarters
99 Wyse Rd Suite 1480, Dartmouth, Nova S...Phone Number
(902) 423-6419Website
www.erdene.comRevenue
-Stock Symbol
ERDIndustry
ZI Rank: 2
Signal Type
Mar
Apr
May
Jun
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Aug
ZI Rank
6
2
3
4
3
2
About Erdene Resource Development
Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia.Explore more
Erdene Resource Development Org Chart
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Company Profile Activity
Activity Insights
Erdene Resource Development is experiencing very low activity levels compared to other companies in the Minerals & Mining sector.
What does this means?
Erdene Resource Development is drawing exceptional interest within the Minerals & Mining industry, suggesting notable developments or strong market momentum, learn more about Erdene Resource Development.
Erdene Resource Development financials insights
Gather financial insights about Erdene Resource Development, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2019
Unspecified
$5M
2020
Share Placement
$14.7M
2022
Share Placement
$7M
Erdene Resource Development Tech Stack
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Most Recent Scoops
Project
Erdene Resource Development has completed a maiden 11-hole, 2,700-meter drill program at the Tereg Uul license, located 10 kilometers from the Oyu Tolgoi mine, with eight of nine shallow holes intersecting gold mineralization and outlining a 1.5-kilometer trend, resulting in an extended option to acquire up to 80% of the license for an additional year.
Earnings
Erdene Resource Development has reported that Erdene Mongol ended Q2 2026 with US $40 million in cash and approximately US $120 million in project debt, with a subsequent US $10 million debt repayment made on the project's working capital facility following quarter end.
Project
Erdene Resource Development has updated mineral resource estimates for gold projects within the Khundii Minerals District, reporting a global measured and indicated resource of 835,000 ounces at 2.9 grams per ton gold and 9 grams per ton silver, plus a further 265,000 inferred ounces at 1.5 grams per ton, supporting a production life in excess of 10 years.
Earnings
Erdene Resource Development has reported an all-in sustaining cost of approximately US $2,000 per ounce for Q2 2026 and expects AISC to decline to approximately US $1,500 per ounce as the Bayan Khundii mine approaches its target processing grade of 3.5 grams per ton in the second half of 2026.
Earnings
Earnings, Finance, Financial Operations
Erdene Resource Development News & Media
Erdene Resource Development Corp (ERDCF) (Q2 2026) Earnings Call Highlights: Record Production ...
Gold output surges 37% quarter-over-quarter as the company advances its Khundii Minerals District growth strategy.Erdene Resource Development Corporation (ERD:CA) Q2 2026 Earnings Call Transcript
Erdene Resource Development Corporation (ERD:CA) Q2 2026 Earnings Call August 17, 2026 10:00 AM EDTCompany ParticipantsPeter Akerley - President, CEO &...Erdene Resource Development Q2 Earnings Call Highlights
Erdene Resource Development (TSE:ERD) reported higher second-quarter gold production and lower unit costs as the Bayan Khundii Gold Mine in southwestern Mongolia continued its ramp-up toward steadier operations. The Bayan Khundii mine, held through the 50/50 Erdene Mongol joint venture with Mongoli
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Frequently Asked Questions Regarding Erdene Resource Development
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Erdene Resource Development Corporation is a Canada-based resource company. The Company is focused on the acquisition, exploration, and development of precious and base metals in Mongolia. Its principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia.... Read More
