Dundee Precious Metals Inc. announced its operating and financial results for the first quarter ended March 31, 2024. Highlights Strong metals production: Produced 62,727 ounces of gold and 6.7 million pounds of copper, in line with expectations. All-in sustaining cost: Reported all-in sustaining cost per ounce of gold sold1 of $883, in line with 2024 guidance, and cost of sales per ounce of gold sold2 of $1,127 [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a second quarter dividend of US$0.04 per common share. The dividend is payable on July 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 contacting [...]
Dundee Precious Metals Inc. is pleased to announce the results of a preliminary economic assessment for its ?oka Rakita project in Serbia. The PEA supports an underground mining operation with an 850,000 tonne per annum processing facility and an initial 10-year mine life, and highlights ?oka Rakita's potential to offer meaningful production growth with attractive all-in sustaining costs and very robust economics at a [...]
Dundee Precious Metals Inc. announces its Annual Meeting of Shareholders will be held on Wednesday, May 8, 2024, at 4 PM EDT via live audio webcast. Details of the Annual Meeting of Shareholders, including link to the audio webcast are as follows: Webcast date and time Wednesday, May 8, 2024 4 PM EDT Webcast link https://meetnow.global/MDRZUTV Replay Archive will be available on www.dundeeprecious.com Meeting materials [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines for the three months ended March 31, 2024. "The first quarter was a solid start to the year, with continued strong performance at Chelopech and Ada Tepe," said David Rae, President and Chief Executive Officer. "Gold production was in line with our expectations and both mines are on track to achieve 2024 guidance." Production [...]
Dundee Precious Metals Inc. announced today that the Toronto Stock Exchange accepted its notice of intention to renew its normal course issuer bid to purchase certain of its common shares through the facilities of the TSX. The Company commenced a normal course issuer bid on March 1, 2023, which terminated on February 28, 2024. Under the Previous Bid, the Company sought and obtained approval to purchase up to 16.5 million [...]
Dundee Precious Metals Inc. today announced that it has entered into a definitive share purchase agreement with a subsidiary of Sinomine Resource Group Co. Ltd., for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities, through the disposition of all of the issued and outstanding shares it indirectly holds in Dundee Precious Metals Tsumeb Holding Ltd. for [...]
Dundee Precious Metals Inc. today reported new assay results from its ongoing infill drilling program at ?oka Rakita in eastern Serbia, where DPM recently announced an Inferred mineral resource estimate of 1.8 million ounces of gold.1 The Company also reported results from the scout drilling program at the Dumitru Potok and Frasen prospects, which are located on the ?oka Rakita licence and are approximately 1.0 to 1.5 [...]
Dundee Precious Metals Inc. today acknowledged receipt of notice from Osino Resources Corp. that a foreign-based mining company has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash . Osino has further advised DPM that its board of directors has determined that the New Proposal constitutes a "Superior Proposal" as defined in [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a first quarter dividend of US$0.04 per common share. The dividend is payable on April 15, 2024, to shareholders of record as at 5:00 p.m. Toronto local time on March 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. is pleased to announce the appointment of Iliya Garkov as Executive Vice President and Chief Operating Officer. "Iliya has an impressive track record of delivering strong results, transforming assets into world-class mining operations and developing strong relationships with stakeholders. His experience, technical expertise and leadership will enhance our organization as we look ahead to the [...]
Dundee Precious Metals Inc. announced its operating and financial results for the quarter and year ended December 31, 2023. Highlights Strong metals production: Produced 296,072 ounces of gold and 30.5 million pounds of copper, in line with 2023 guidance. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $919 and an all-in sustaining cost per ounce of gold sold2 of $849, in line with 2023 guidance [...]
