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HALIFAX, Nova Scotia, Sept. 09, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce that it has entered into an automatic securities purchase plan (“ASPP”) in connection with its previously announced normal course issuer bid ("NCIB"), under which it may purchase up to an aggregate 4,900,000 common shares of the Company ("Common Shares") for cancellation. Once effective, the ASPP will allow for the purchas
Gold output surges 37% quarter-over-quarter as the company advances its Khundii Minerals District growth strategy.
Q2 2026 Highlights: Bayan Khundii Gold Mine produced and sold 11,709 ounces gold at an average price of US$4,493/oz for US$53M in gross revenuesOperated Bayan Khundii at 94% of target throughput and recovered 96% of gold, exceeding expectationsAdvanced preliminary economic assessment for Zuun Mod molybdenum-copper porphyry project with results expected in mid-H2 2026Completed maiden drill program at Tereg Uul near Oyu Tolgoi intersecting anomalous gold and silver along a 1.5 kilometre mineralize
HALIFAX, Nova Scotia, July 22, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to provide a Bayan Khundii Gold Mine (“BK”) production update for Q2 2026, operated by Erdene Mongol LLC (“EM”), the Company’s joint venture with Mongolian Mining Corporation (“MMC”). All dollars are US dollars, unless otherwise noted. Peter Akerley, Erdene’s President and CEO stated, “Gold production of 11,709 ounces in Q2 was 37% hig
HALIFAX, Nova Scotia, June 26, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corporation (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its intention to launch a normal course issuer bid ("NCIB"), under which it may purchase up to an aggregate 4,900,000 common shares of the Company ("Common Shares") for cancellation, representing approximately 10% of the 49,386,538 public float of Common Shares as of June 17, 2026. 65,493,042 Common Shares were issued
As the Canadian market navigates a landscape of rising yields and strong economic growth, investors are keeping a close eye on equity performance, particularly in sectors like energy that may be due for a pause. Despite these challenges, earnings growth remains robust, providing support for equities and highlighting the importance of diversification in investment strategies. In this context, uncovering small-cap stocks with solid fundamentals and potential for growth can offer unique...
HALIFAX, Nova Scotia, May 29, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to announce its shareholders voted in favour of all items of business brought before them at the Company's Annual General and Special Meeting of Shareholders (“Meeting”) held May 28, 2026 in Halifax, Nova Scotia. Details of the Meeting are provided below. Appointment of Board and Executive At the Meeting, shareholders voted in favour of
As the Canadian market navigates a landscape of rising yields and robust economic growth, investors are closely monitoring how these dynamics might impact equity performance, particularly in small-cap stocks. In this environment, identifying promising opportunities involves seeking companies with strong earnings potential and resilience to interest rate pressures—qualities that can position them as undiscovered gems worth exploring.
As global markets respond to geopolitical tensions and an improving U.S. labor market, Canadian equities have quietly been navigating these turbulent waters with resilience. In such a dynamic environment, identifying promising stocks often involves looking beyond headline-grabbing giants to uncover lesser-known companies that exhibit strong fundamentals and potential for growth.
As the Canadian market navigates through geopolitical tensions and shifting focus towards economic fundamentals, small-cap stocks have shown resilience amidst broader market dynamics. In this context, discovering hidden gems involves identifying companies that demonstrate strong fundamentals and potential for growth despite the prevailing uncertainties.
As the Canadian market navigates the complexities of global geopolitical tensions and recent improvements in the U.S. labor market, investors are increasingly turning their attention to small-cap stocks that may have been overlooked amid broader economic discussions. In this dynamic environment, identifying promising small-cap companies involves assessing their potential for growth and resilience in light of shifting economic fundamentals and evolving market sentiment.
Highlights: Produced and sold 8,527 ounces gold at an average price of US$4,872/oz for US$42M in gross project revenues Achieved commercial production at Bayan Khundii, operating at 94% of target throughput and recovering 96% of gold in Q1 2026Advanced preliminary economic assessment for Zuun Mod molybdenum-copper porphyry project expected in Q3 2026Commenced maiden drill program at Tereg Uul near Oyu Tolgoi HALIFAX, Nova Scotia, May 06, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp.
HALIFAX, Nova Scotia, April 20, 2026 (GLOBE NEWSWIRE) -- Erdene Resource Development Corp. (TSX:ERD; MSE:ERDN; OTCQX: ERDCF) ("Erdene" or the "Company") is pleased to provide a Bayan Khundii Gold Mine (“BK”) production update for Q1 2026, operated by Erdene Mongol LLC (“EM”), the Company’s joint venture with Mongolian Mining Corporation (“MMC”). All dollars are US unless otherwise noted. Peter Akerley, Erdene’s President and CEO stated, “During the first quarter of 2026 the Bayan Khundii gold mi
Erdene Resource Development Corp (ERDCF) reports robust gold recovery rates and outlines strategic exploration initiatives despite initial production challenges.
Erdene Resource Development (TSE:ERD) used its fourth-quarter and full-year 2025 results call to discuss the early operating performance of the Bayan Khundii Gold Mine in Mongolia, which delivered first gold in September 2025 and entered its initial ramp-up phase during the fourth quarter. Bayan Kh
HALIFAX, Nova Scotia, March 24, 2026 (GLOBE NEWSWIRE) -- Highlights: Completed construction at the high-grade Bayan Khundii Gold Mine in Q3 2025Produced first gold in September 2025 and sold 7,434 ounces gold at average price of US$4,187, for US$31M in gross project revenues including silver by-product in 2025Announced updated independent mineral resource estimate for Zuun Mod molybdenum-copper porphyry project and initiation of preliminary economic assessmentEntered option agreement to acquire
Production ramp-up well underwayHighlights Q4 2025: Sold 7,434 ounces gold and 2,634 ounces silver, at average prices of US$4,153 and US$53, respectively, for US$31M in gross project revenuesAveraged 77% of the 1,950 tonne per day design capacity during quarterReached nameplate mill throughput for much of DecemberProcessed 144,845 tonnes of ore, averaging 2.0 g/t goldCompleted 5,433 metres drilling at the Dark Horse and Altan Arrow gold prospects near Bayan Khundii – results expected in Q1 2026
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