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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

Dundee Precious Metals Inc. is an international gold mining company. The Company assets includes Chelopech Mine, Ada Tepe Mine, Coka Rakita, Loma Larga, Tierras Coloradas and Timok. The Chelopech Mine is an underground copper-gold mine located in Bulgaria, approximately 75 kilometers east of the capital city of Sofia. The Ada Tepe Mine is a high-grade, open-pit gold mine located three kilometers south of the municipality of Krumovgrad in southern Bulgaria. The Coka Rakita prospect is located three kilometers southeast of its Timok gold project and is 100% owned by the Company. The Loma Larga is an underground development project. The Tierras Coloradas concessions consist of four exploration licenses totaling 6,955 hectares (70 square kilometer), located in the province of Loja in southern Ecuador, near the border of Peru. The Timok gold project is a sediment-hosted gold deposit located in the central-eastern region of the Republic of Serbia.


TSX:DPM - Post by User

Post by templetooth2on Jul 22, 2022 4:22pm
343 Views
Post# 34844408

Indigenous consultation

Indigenous consultation
I'm not saying that Loma Larga will never see the light of day. But the most revealing/damaging comment from someone who makes a living following LatAm mining is this gem:

... the project did not comply with Ecuador’s prior consultancy laws because the local indigenous population had never been consulted on the project by the company (or previous owners).

I am at an age where I probably have another 10 years of investing left. At a certain age, I expect I'll probably lose interest. As I understand it, Loma Larga is a big part of Dundee's future, or at least as the future is envisioned today. Why would I bother?
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