Dundee Corp T.DC.A

Alternate Symbol(s): DDEJF

Healthcare Metals & Mining Technology Gold Industrial Metals & Minerals Silver

Dundee Corporation is a Canada-based holding company. Through its operating segments, the Company is a mining- focused investor primarily engaged in acquiring mineral resource assets. Its segments include mining investments, mining services, and corporate and others. Its asset base includes investments in precious and base metals projects across four continents. Its subsidiaries include Dundee Sustainable Technologies Inc. (Dundee Technologies), Dundee Resources Limited, and Goodman & Company, Investment Counsel Inc. The Dundee Sustainable Technologies Inc., a 78%-owned subsidiary developing patented sustainable precious and base metals extraction processes. Through the development of its patented processes, the GlassLock Process and the CLEVR Process, Dundee Technologies extracts precious and base metals from ores and concentrates, while stabilizing contaminants such as arsenic.

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Dundee Corp > Magna Acquires a producing mine from KGHM

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Post by Catscratchon Sep 12, 2024 1:04pm

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Post# 36220625

Magna Acquires a producing mine from KGHM

Dundee owns 21% of Magna which is up over 30% today on this news. Dundee's investment in Magna has a market value of $40M (almost $0.50 per DC.A share). Dundee equity accounts for Magna so this value appreciation won't show up on Dundee's report NAV per share.

https://stockhouse.com/news/press-releases/2024/09/12/magna-mining-acquires-producing-copper-mine-in-sudbury-from-kghm-international

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