Dundee Precious Metals Inc. today announced that DPM and the other shareholders have closed the sale of 100% of MineRP Holdings Inc. to Epiroc Canada MineRP Holding Inc., a subsidiary of Epiroc Rock Drills AB . Consideration for DPM's 73.7% equity interest in MineRP and the repayment of DPM shareholder loans consists of approximately $41 million in [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines and smelter for the three months ended March 31, 2021. The Company confirmed that its mining operations are on track to meet previously issued guidance for 2021 and provided updated guidance for its Tsumeb smelter in Namibia. "The first quarter was a solid [...]
Dundee Precious Metals Inc. is pleased to announce a mine life extension and updated Mineral Resource and Mineral Reserve estimate for the Chelopech mine in Bulgaria. The Mineral Resource and Mineral Reserve estimates for DPM's Ada Tepe mine in Bulgaria and Timok gold project in Serbia remain unchanged from the estimates previously reported in the [...]
Dundee Precious Metals Inc. today announced an update to the planned Ausmelt furnace maintenance at the Company's Tsumeb smelter in Namibia. The shutdown commenced as scheduled during the first quarter, although slightly ahead of plan following a decision to bring the timeline forward to ensure a safe and orderly maintenance process. Originally [...]
Dundee Precious Metals Inc. announced today that the Toronto Stock Exchange accepted its notice of intention to renew its normal course issuer bid to repurchase certain of its common shares through the facilities of the TSX. The Company commenced a normal course issuer bid on February 28, 2020, which terminates on February 27, 2021. Under the [...]
Dundee Precious Metals Inc. is pleased to announce the results of a pre-feasibility study for its Timok Gold Project in Serbia. The PFS is focused on the development of the oxide and transitional portions of the project and confirms Timok's potential as an attractive organic growth opportunity within the Company's portfolio. Based on the results of [...]
Dundee Precious Metals Inc. today announced its operating and financial results for the fourth quarter and twelve months ending December 31, 2020. Annual Financial and Operating Highlights: Record gold production - Strong operating performance continued in the fourth quarter and contributed to record gold annual production of 298,289 ounces, at the [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a first quarter dividend of US$0.03 per common share. The dividend is payable on April 15, 2021 to shareholders of record as at 5:00 p.m. Toronto local time on March 31, 2021 and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may [...]
Dundee Precious Metals Inc. today announced that it has appointed Mr. Kalidas Madhavpeddi to the Board of Directors of DPM, effective February 1, 2021. "We are very pleased to welcome Kalidas Madhavpeddi to the Board of Directors. His depth of experience in the international mining industry will add valuable expertise to the Board," said Jonathan [...]
Dundee Precious Metals Inc. today filed an early warning report with respect to its ownership in INV Metals Inc. following the completion of a non-brokered C$3,962,683 private placement . Pursuant to the terms of the Offering, INV Metals issued 8,805,962 common shares to the Company at a price of C$0.45 per Common Share. Following completion of the [...]
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, 2020. DPM met or exceeded production guidance at each of its operations, with total gold production for the year being at the high end of the Company’s 2020 [...]
Dundee Precious Metals Inc. today announced that DPM and other shareholders of MineRP Holdings Inc. have entered into a definitive agreement for the sale of 100% of MineRP to Epiroc Canada Holding Inc., a subsidiary of Epiroc Rock Drills AB . Consideration for DPM’s fully-diluted 70% equity interest in MineRP and the repayment of DPM shareholder [...]
