Aluminum   $ 2.1505 kg        |         Cobalt   $ 33.420 kg        |         Copper   $ 8.2940 kg        |         Gallium   $ 222.80 kg        |         Gold   $ 61736.51 kg        |         Indium   $ 284.50 kg        |         Iridium   $ 144678.36 kg        |         Iron Ore   $ 0.1083 kg        |         Lead   $ 2.1718 kg        |         Lithium   $ 29.821 kg        |         Molybdenum   $ 58.750 kg        |         Neodymium   $ 82.608 kg        |         Nickel   $ 20.616 kg        |         Palladium   $ 40303.53 kg        |         Platinum   $ 30972.89 kg        |         Rhodium   $ 131818.06 kg        |         Ruthenium   $ 14950.10 kg        |         Silver   $ 778.87 kg        |         Steel Rebar   $ 0.5063 kg        |         Tellurium   $ 73.354 kg        |         Tin   $ 25.497 kg        |         Uranium   $ 128.42 kg        |         Zinc   $ 2.3825 kg        |         
Image source: pixelied.com / pixabay.com
Erdene Resource Development Corp (TSX:ERD, OTC:ERDCF) announced that full construction of the high-grade, open-pit Bayan Khundii gold project in Mongolia has commenced. Additionally, the company said it has closed an investment by the Mongolian Mining Corporation (MCC) as part of its Strategic Alliance Agreement to develop the Khundii Minerals District. The agreement was formally closed on January 23, 2024, when MCC was issued shares representing 50% ownership in Erdene’s Mongolian subsidiary Erdene Mongol. “MMC is the ideal partner to develop the Khundii Minerals District with its experience in large-scale mining, expertise in construction, power supply, transportation and logistics, and national and international relationships,” Erdene CEO Peter Akerley said in a statement. “Together, we will unlock new opportunities for the Mongolian mining sector, increase the industry’s contribution to the national economy and create long-term value for Erdene shareholders.
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Source and Credit: proactiveinvestors.co.uk

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