EXPLORATION & DEVELOPMENT

Bayan Khundii a high-return platform for growth

A bankable feasibility study on Erdene Resource Development’s Bayan Khundii (BK) gold project in Mongolia has confirmed robust economics for the project at conservative metal prices, demonstrating the “high-return nature” of the base case development scenario, says CEO and president Peter Akerley.

Erdene Resources has produced a strong bankable feasibility study for its flagship Bayan Khundii gold project in Mongolia

Erdene Resources has produced a strong bankable feasibility study for its flagship Bayan Khundii gold project in Mongolia

At US$1,400/oz gold, the BFS calculated a base case NPV (5% discount) of $100 million and a 42% IRR, with both metrics respectively increasing to $216 million and 77% at $1,800/oz gold. The project...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.