Last $0.10 USD
Change Today 0.00 / 0.00%
Volume 0.0
ERDCF On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Frankfurt
As of 8:10 PM 11/18/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

99 Wyse Road

Suite 1480

Dartmouth, NS B3A 4S5

Canada

Phone: 902-423-6419

Fax: 902-423-6432

Erdene Resource Development Corporation, an exploration and development stage company, engages in the exploration and development of mineral deposits. The company primarily focuses on the discovery of gold, copper, molybdenum, coal, and uranium deposits primarily in Mongolia; and the development of its coal and industrial mineral interests in North America. The company’s principal projects include Industrial Minerals in the United States, Donkin coal project in Nova Scotia, Canada, and the Zuun Mod molybdenum project in central Mongolia. Properties Industrial Minerals The company, through its subsidiary, Erdene Materials Corporation (EMC), owns outright or has entered into lease agreements for kaolin properties in the United States. The Granite Hill property is under long term lease to Ready Mix USA LLC. The property has received permit approval for a commercial aggregate quarry. Donkin Coal Project The company is a 25% joint venture partner in the Donkin Coal Alliance (‘DCA’) with Xstrata Coal Donkin Limited (‘XCDL’). The Donkin Coal Project is located in Cape Breton, Nova Scotia. Mongolian properties Zuun Mod The Zuun Mod property is a molybdenum/copper occurrence and consists of one license. It is located in Bayankhongor Province southwest of Ulaanbaatar. Coal The company has two coal exploration licenses (Galshar property) located in Gobi Altai province in central Mongolia. In December 2008, the company optioned its 100% interest in the Galshar property to a private Mongolian company. Other properties Tsenkher Gol The Tsenkher Gol gold exploration property is located in Khentii Province. The property consists of two contiguous licenses. Ikh Tal (Erdenet) The Erdenet-Ikh Tal property consists of a single exploration license adjacent to the Erdenet copper/molybdenum mine property in northern Mongolia. Mogoit The Mogoit copper property consists of a single license. History Erdene Resource Development Corporation was founded in 2000. The company was formerly known as Erdene Gold, Inc. and changed its name to Erdene Resource Development Corporation in May 2008.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ERDCF:US $0.10 USD 0.00

ERDCF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for ERDCF.
View Industry Companies
 

Industry Analysis

ERDCF

Industry Average

Valuation ERDCF Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 0.7x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ERDENE RESOURCE DEVELOPMENT, please visit www.erdene.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.