Dundee Precious Metals Inc. today announced that its Board of Directors has approved a 50% increase to its quarterly dividend, which will now be US$0.03 per common share and will commence with its previously announced fourth quarter dividend. “This increase to our quarterly dividend reflects our ongoing strong operational performance, significant [...]
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 October 16, 2020 [...]
Dundee Precious Metals Inc. is deeply saddened to report a fatality at its Tsumeb smelter in Namibia. On Thursday, November 19, an employee sustained serious injuries while conducting maintenance activities in the waste processing plant. The Company immediately dispatched first responders and emergency services personnel; however, despite best [...]
Dundee Precious Metals Inc. today announced that it has entered into an investment agreement with Velocity Minerals Ltd. to invest up to C$7 million in Velocity on a private placement basis. DPM is expected to purchase up to 14 million common shares of Velocity at a price of C$0.50 per share. Upon closing the transaction, DPM is expected to own [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a fourth quarter dividend of US$0.02 per common share. The dividend is payable on January 15, 2021 to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2020 and qualifies as an “eligible dividend” for Canadian income tax purposes [...]
Dundee Precious Metals Inc. today announced its operating and financial results for the third quarter of 2020. Third Quarter Financial and Operating Highlights: Strong metals production – Produced 79,844 ounces of gold in concentrate, as Ada Tepe and Chelopech continued to deliver strong production and performance. Copper production was 9.2 million [...]
Dundee Precious Metals Inc. today announced that it has appointed Ms. Jaimie Donovan to the Board of Directors of DPM, effective November 1, 2020. “We are excited to welcome Jaimie Donovan to the Board. With over two decades of mining industry experience, her significant technical and capital markets expertise will be a valuable addition to the [...]
Dundee Precious Metals Inc. is pleased to announce an updated Mineral Resource and Mineral Reserve Estimate and improved life of mine plan for its Ada Tepe gold mine in Bulgaria. Highlights Total Proven and Probable Mineral Reserves of 4.26 million tonnes at 4.8 grams per tonne of gold and 3.0 g/t of silver for 658 thousand ounces of gold and 414 [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter for the three and nine months ended September 30, 2020. As a result of strong operational performance year-to-date, DPM remains on track to meet its previously issued guidance for 2020 at each of its operations and is [...]
Dundee Precious Metals Inc. is pleased to announce it has been included in the TSX30 for 2020 in recognition of its strong 3-year share price performance. “We are very proud to be included in the TSX30 alongside the top performers on the Toronto Stock Exchange,” said David Rae, President and Chief Executive Officer. “Our performance reflects many [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a third quarter dividend of US$0.02 per common share. The dividend is payable on October 15, 2020 to shareholders of record as at 5:00 p.m. Toronto local time on September 30, 2020 and qualifies as an “eligible dividend” for Canadian income tax purposes [...]
Dundee Precious Metals Inc. today announced its operating and financial results for the second quarter of 2020. Second Quarter Financial and Operating Highlights: Record gold production – Produced 81,365 ounces of gold in concentrate, as Ada Tepe delivered its highest quarterly production to date, and Chelopech continued its track record of [...]