Bayan Khundii Gold Mine

The Bayan Khundii Gold Mine is an upcoming open-pit gold mining site in Bayankhongor Province, Mongolia.

Bayan Khundii Gold Mine
Location
Bayankhongor
CountryMongolia
Production
Productsgold
History
Opened2025 (expected)

History

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The mine is being developed by Erdene Resource Development. They secured the mining license to explore the mine from the Mineral Resource and Petroleum Authority of Mongolia in August 2019.[1] The bankable feasibility study was completed in July 2020 and an updated feasibility study was completed in July 2023.[2]

Geology

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It consists of Khundii Exploration License and Khundii Mining License with an area of 2,205 hectares and 2,308 hectares respectively.[2]

Mining

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The mine is expected to have an operational period of 8 years. It will be developed as an open-pit mining with 10.9 stripping ratio.[2]

See also

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References

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  1. ^ "Bayan Khundii Gold Project". Erdene Resource Development. Retrieved 16 November 2023.
  2. ^ a b c "Bayan Khundii Gold Project, Mongolia". Mining Technology. Retrieved 16 November 2023.