Canada · Delayed Price · Currency is CAD Erdene Resource Development Earnings Call Transcripts
Fiscal Year 2026
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Bayan Khundii Gold Mine began production in Q4 2025, generating $31M in revenue and ramping up to full output by Q2 2026. Strong cash position supports ongoing exploration, with all-in sustaining costs projected at $1,250/oz. High-grade drill results and new copper discoveries drive future growth.
Fiscal Year 2025
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Bayan Khundii Gold Mine began production in 2025, generating $31M in Q4 revenue and achieving strong operational ramp-up. The mine is now cash flow positive, with CAD 30M in treasury for exploration and expansion, and targets 80,000 oz/year at low costs.
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First gold production achieved at Bayan Khundii, with commercial output targeted by year-end and strong ramp-up progress. Q3 saw increased exploration, a $1.3M JV loss, and robust cash positions, with priorities on exploration, debt repayment, and future dividends.