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Dundee Precious Metals Inc T.DPM

Alternate Symbol(s):  DPMLF

Metals & Mining Gold
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

Dundee Precious Metals Inc
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Post by Betteryear2on Mar 07, 2024 8:32am
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Post# 35919996

Dundee Precious Metals Sale of Tsumeb Smelter for US$49 M

Dundee Precious Metals Sale of Tsumeb Smelter for US$49 MTORONTO, March 07, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) today announced that it has entered into a definitive share purchase agreement (the “SPA”) with a subsidiary of Sinomine Resource Group Co. Ltd., (“Sinomine”) for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities, through the disposition of all of the issued and outstanding shares it indirectly holds in Dundee Precious Metals Tsumeb Holding (Pty) Ltd. (“DPMTH”) (“the Transaction”) for consideration of US$49 million in cash.

Dundee Precious Metals Announces Sale of Tsumeb Smelter for (globenewswire.com)
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