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. - Veroeffentlicht am 08.02.2024
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.
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.