Erdene Resource Development Corporation ERDCF
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Company Overview
Erdene Resource Development Corporation is a Canada-based mineral exploration and development company focused primarily on gold projects in Mongolia. The company operates in the mining and natural resources sector, with its core activities centered on the exploration, development, and advancement of precious metal deposits. Erdene’s principal value driver is the Bayan Khundii Gold Project, part of the larger Khundii Minerals District in southwestern Mongolia. The company has historically generated value through mineral discovery, resource delineation, project development, and strategic partnerships tied to the advancement of its mining assets.
Erdene’s primary market focus is the development of mining assets for future gold production, with strategic emphasis on low-cost open-pit gold operations in emerging mining jurisdictions. The company is positioned as one of the more established foreign mineral developers operating in Mongolia, benefiting from long-standing local relationships, exploration expertise in the region, and a partnership structure that supports project financing and development. Founded in 2003, Erdene evolved from a broader mineral exploration company into a gold-focused developer after multiple discoveries within the Khundii district, including the high-grade Bayan Khundii deposit and related exploration targets.
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Price History
- Low
- $2.97
- Current
- $4.28
- High
- $7.91
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Corporate Info
Suite 200
Dartmouth, NS B3B 0G1