| TSX Unit Symbol: ERD | ||
| Share Price: | 0.17 | |
| Change: | -0.01 | |
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Erdene Gold Inc. is a diversified mineral exploration and development company with projects focused on high-growth commodities and near-production assets. In addition to the multiple exploration projects in Mongolia, , the company has North American industrial mineral and coal projects with near-term cash flow potential. The North American, near-term cash flow projects include a 25% interest (partnered with Xstrata Coal - 75%) in the Donkin coal project in eastern Canada, currently at the prefeasibility stage. In addition, Erdene has royalty agreements with JM Huber Corporation and Ready Mix USA as operators and developers in the southeast U.S. for the Company's kaolin clay and aggregate projects. Erdene continues to actively explore for additional industrial minerals opportunities in North America that are located to provide strategic market advantage to the growth areas of the eastern seaboard of the U.S. The company's Mongolian exploration properties are focused on base metals (molybdenum and copper) led by the Zuun Mod molybdenum project, precious metals (gold) and energy (coal). Erdene has also established strategic alliances and joint ventures with industry leaders such as Xstrata Coal who are fully funding the Company's Mongolia coal projects through to feasibility. The base and precious metal projects are operated by the company's experienced exploration team. ![]()
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