Dundee Precious Metals Inc. announced that the Company has filed a technical report for its ?oka Rakita gold project in Serbia . The purpose of the report was to support the Mineral Resource and Mineral Reserve estimate and pre-feasibility study for ?oka Rakita, as previously disclosed in the Company's news release dated December 18, 2024. The technical report has been prepared pursuant to the Canadian Securities [...]
Dundee Precious Metals Inc. announced preliminary gold and copper production results for the three and twelve months ended December 31, 2024, with both mines achieving annual production guidance. "We ended 2024 on a strong note, with Ada Tepe delivering its highest quarterly production of the year, and Chelopech continuing its long track record of performance," said David Rae, President and Chief Executive Officer. "I'm [...]
Dundee Precious Metals Inc. is pleased to announce the results of a pre-feasibility study for its ?oka Rakita project in Serbia. The robust PFS economics and continued exploration success around ?oka Rakita serve as DPM's basis for proceeding to a feasibility study immediately for an accelerated construction decision, with first concentrate production targeted for 2028. PFS Highlights Improvements in the PFS include [...]
Dundee Precious Metals Inc. announced its operating and financial results for the third quarter and nine months ended September 30, 2024. Third Quarter Highlights On track to meet 2024 guidance: With production of 60,145 ounces of gold and 7.3 million pounds of copper in the third quarter, and 190,516 ounces of gold and 21.9 million pounds of copper in the first nine months of 2024, DPM is well-positioned to achieve its [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a fourth quarter dividend of US$0.04 per common share. The dividend is payable on January 15, 2025, to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2024, and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may elect to receive their dividend in U.S. or Canadian dollars by [...]
Dundee Precious Metals Inc. today announced preliminary gold and copper production results for the three and nine months ended September 30, 2024. "Chelopech continued to deliver strong results, consistent with its long track record. Gold production at Ada Tepe was impacted by temporary operational challenges during the quarter, which have now been resolved," said David Rae, President and Chief Executive Officer. "With [...]
Dundee Precious Metals Inc. today provided an update on its ?oka Rakita project, where the pre-feasibility is advancing on track for completion in the first quarter of 2025. The Company also reported new assay results from the recently completed PFS infill drilling program. Highlights Pre-feasibility study on track: Continue to target completion of PFS the first quarter of 2025. Completion of the PFS infill drilling [...]
Dundee Precious Metals reported results from drilling at the high-grade copper-gold Dumitru Potok and Frasen prospects. Highlights High-grade scout drilling results from Dumitru Potok and Frasen include: DPDD018A - 63 m at 1.74% Cu, 2.18 g/t Au and 9.04 g/t Ag, including 15 m at 3.38% Cu, 4.00 g/t Au and 14.7 g/t Ag DPDD019B - 70 m at 1.26% Cu, 1.21 g/t Au and 6.89 g/t Ag, including 15 metres at 2.70% Cu, 2.65 g/t Au and [...]
Dundee Precious Metals Inc. today announced the closing of the sale of the Tsumeb smelter to a subsidiary of Sinomine Resource Group Co. Ltd. . "In line with our strategy, the Tsumeb divestiture is another step in our continued track record of creating shareholder value. I'd like to extend our thanks to the government of Namibia, Sinomine and our former employees and stakeholders for its safe transition and continued [...]
Dundee Precious Metals Inc. today announced that it received notice of approval under the Namibia Competition Act for the Company's sale of its interest in the Tsumeb smelter to a subsidiary of Sinomine Resource Group Co. Ltd. . The sale is on track to close as planned in the third quarter of 2024, subject to completing the documentation regarding the revised purchase price and proposed tolling arrangement as disclosed in [...]
Dundee Precious Metals Inc. today announced a correction to its news release issued on August 1, 2024, entitled "Dundee Precious Meals Declares Divided." The news release incorrectly stated that the record date for the third quarter dividend declared would be June 30, 2024. The correct record date is September 30, 2024. This correction does not change any other information reported in the August 1 news release. About [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a third quarter dividend of US$0.04 per common share. The dividend is payable on October 15, 2024, to shareholders of record as at 5:00 p.m. Toronto local time on June 30, 2024, and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may elect to receive their dividend in U.S. or Canadian dollars by [...]