PRECIOUS METALS

Erdene issued mining licence in Mongolia

Erdene Resource Development Corp (TSX: ERD) says it is rapidly advancing towards gold production in Mongolia after being issued a mining licence for its Bayan Khundii project.

Staff reporter
 Erdene says it is rapidly advancing towards production after receiving a mining licence for Bayan Khundii in Mongolia

Erdene says it is rapidly advancing towards production after receiving a mining licence for Bayan Khundii in Mongolia

The 30-year licence, which can be extended to 70 years, covers 2,309ha including the Bayan Khundii resource and the Altan Arrow, Khundii North and Khundii West targets. Erdene raised C$2 million (US$1.5...

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