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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 kojack1on Jan 08, 2025 10:23am
58 Views
Post# 36394083

Some news out today :-)

Some news out today :-)

Dundee Precious Metals Meets Annual Gold Production Guidance for 10th Straight Year

08:39 AM EST, 01/08/2025 (MT Newswires) -- Dundee Precious Metals (DPM.TO) hits its gold production guidance for a tenth straight year in 2024.

The company on Wednesday said it produced 70,900 tonnes of gold in the fourth quarter for a full-year total output of 261,300 ounces, within the production target of 245,000 to 285,000 ounces.

"We ended 2024 on a strong note, with Ada Tepe delivering its highest quarterly production of the year, and Chelopech continuing its long track record of performance," said David Rae, Dundee's president and CEO. "I'm pleased to report that 2024 marks the tenth consecutive year we have achieved our gold production guidance, which is a remarkable milestone in the mining industry and a testament to our strengths as operators."

Dundee also produced 7.8 million pounds of copper for a full-year output of 29.7 million pounds, also within the guidance of 29 million to 34 million pounds.


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