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Bayan Khundii gold mine hits commercial production with 20% sales increase in Q1 2026.

Company Fundamentals
20 Apr 2026
GlobeNewsWire
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Bullish
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Erdene Resource Development's Bayan Khundii gold mine reached commercial production in Q1 2026, processing 151,000 tonnes of ore at 94% of target throughput and achieving over 96% gold recovery, surpassing forecasts. The mine produced 15,961 ounces of gold with a 20% increase in sales compared to the first quarter of operations, generating $42 million in revenue. Moving forward, the company plans to optimize mining and processing operations in Q2 and update resource and mine plans in Q3, supported by recent financing to advance other projects in Mongolia.

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Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

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Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

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Shirofune launches Walmart Connect to automate and unify retail media campaign management.

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Point closes $508.6M HEI securitization, largest ever in home equity investment class

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Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

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Red Light Holland ships pharmaceutical-grade psilocybin PEX010 to EU for clinical studies after acquiring Filament Health.

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