Erdene Resource won the exploration award

MINEX FORUM | April 6, 2017
img0 Image: mining.com Canada’s Erdene Resource Development (TSX:ERD), the company that literally struck gold earlier this year after finding its new Mongolia-based gold project was richer than previously thought, expects to move Bayan Khundii towards its maiden resource estimate by 2018. The firm, one of the very few miners to never have encountered issues in the landlocked Asian country, was ...

Erdene Resource Development increases the offer to CAD$12 M

MINEX FORUM | February 1, 2017
img0 Erdene Resource Development Corp. (TSX:ERD) announced that due to strong demand, it has amended the terms of its previously announced bought deal financing to increase the size of the offering from C$10,000,760 to C$12,000,000. The Company has entered into an amended agreement whereby Paradigm Capital Inc. as lead underwriter and Canaccord Genuity Group Inc. have ...

Rio Tinto decreased copper production in Indonesia, US and Mongolia. An outlook is uncertain

MINEX FORUM | January 19, 2017
img0 Image: mining.com Rio Tinto has missed 2016 copper production guidance because of problems at Indonesian, US and Mongolian mines, resulting in an uncertain production outlook for this year, just as prices of the industrial metal show signs of recovery, theaustralian.com.au reported. In its fourth quarter production report released this morning, the mining giant (RIO) logged full-year ...

Erdene Resource Development Corp expanded new gold zone at its Mongolian project

MINEX FORUM | January 11, 2017
img0 Image: MINEX Forum Erdene Resource Development Corp. (TSX:ERD) announced results for nine diamond drill holes from the Company’s step-out drilling program at its 100%-owned Bayan Khundii Gold Project (“Bayan Khundii”) in southwest Mongolia. Drilling expands new gold zone (Midfield) under younger cover, 200 metres northeast of the main gold zone (Striker). Gold mineralization at Midfield includes ...

MINEX Forum 2017 events

MINEX FORUM | December 28, 2016
img0 MINEX Forum is pleased to announce you the program of the “Management and Technology” and “Investment and Finance” events organized by the MINEX Forum Secretariat in 2017. We will be delighted to hear your views on how these events could assist your business.  “Management and Technology” events MINEX Central Asia (18-20 April 2017, Astana, Republic ...

FDI outlook: Russia, Kazakhstan, Mongolia

Arthur Poliakov | December 5, 2016
img0 Due to weak commodity prices in the past five years Russia, Kazakhstan, Mongolia and other Central Asian countries whose economies are built around extractive industries have been going through hard economic times. Although Foreign Direct Investment (FDI) is considered the key instrument for stimulating economic growth, the relationships between the Governments and Foreign Investors in ...