Dundee Precious Metals Inc. announced preliminary production results from both of its mines and smelter for the three months ended March 31, 2023. The Company confirmed that all operations are on track to meet previously issued production guidance for 2023. "The first quarter was a solid start to the year, with continued strong performance at Chelopech and a near record-level of gold production at Ada Tepe," said David [...]
Dundee Precious Metals Inc. today reported new assay results from its ongoing drilling program at the ?oka Rakita prospect in eastern Serbia, which extends the deposit to the east and also confirms and extends the high-grade zone. The Company also provided an update on its planned drilling activities for 2023. Highlights New significant intercepts from recent drilling, including: RIDD005 - 16 metres at 23.14 g/t Au from [...]
Dundee Precious Metals Inc. is pleased to provide an updated Mineral Resource and Mineral Reserve estimate for the Chelopech mine in Bulgaria. Highlights Mine life extended to 2031: Proven and Probable Mineral Reserves of 1.6 million ounces of gold and 312 million pounds of copper supports a mine life that now extends to 2031. In 2022, DPM successfully added approximately 1.1 million tonnes to Mineral Reserves, replacing [...]
Dundee Precious Metals Inc. is pleased to report the 2022 diamond drilling results on the Tierras Coloradas concessions, located in the Loja province of Ecuador. The drilling program was designed to test a series of low sulphidation epithermal veins, previously identified by field work and scout drilling in 2020. Highlights Drilling confirms presence of well-mineralized vein system. Representative drill intercepts from [...]
Dundee Precious Metals Inc. today announced that the Company has filed a technical report for its Ada Tepe gold mine in Bulgaria. The purpose of the report was to support the updated Mineral Resource and Mineral Reserve estimate and improved life of mine plan for Ada Tepe, as previously disclosed in the Company's news release dated January 12, 2023. The technical report has been prepared pursuant to the Canadian [...]
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, 2022, which terminates on February 28, 2023. Under the Current Bid, the Company sought and obtained approval to purchase up to 9 million [...]
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 17, 2023, to shareholders of record as at 5:00 p.m. Toronto local time on March 31, 2023 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. today announced its operating and financial results for the fourth quarter and twelve months ended December 31, 2022. Highlights Metals production: Produced 273,109 ounces of gold, in line with 2022 guidance and 30.8 million pounds of copper, slightly below 2022 guidance. Complex concentrate smelted: Throughput of 174,122 tonnes at Tsumeb, slightly below 2022 guidance. All-in sustaining cost [...]
Dundee Precious Metals Inc. is pleased to announce the discovery of a high-grade deposit at the ?oka Rakita exploration prospect in eastern Serbia and report exceptional results from recent drilling. ?oka Rakita is located three kilometres southeast of the Company's Timok gold project and is 100% owned by DPM . Highlights Exceptional new high-grade intercepts, including: RADDMET01 - 40 metres at 63.46 g/t Au and 0.11 % Cu [...]
Dundee Precious Metals Inc. is pleased to announce an updated Mineral Resource and Mineral Reserve Estimate with additional gold production over the life of mine for its Ada Tepe gold mine in Bulgaria. Highlights Improved LOM plan, with an estimated increase in recovered gold to concentrate of approximately 66,000 ounces and higher average gold grade of 5.2 grams per tonne , compared with 4.6 g/t in the previous 2020 LOM [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter in Namibia for the three and twelve months ended December 31, 2022. "Our mining operations achieved impressive production results in the fourth quarter, as Ada Tepe delivered its highest quarterly gold production of the year and Chelopech continued its track record of strong performance," said [...]
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 16, 2023, to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2022 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 [...]