Dundee Precious Metals Inc. is pleased to announce a mine life extension, optimized life of mine plan and updated Mineral Resource and Mineral Reserve estimates for the Chelopech mine in Bulgaria. Highlights Mine life extension to 2030: Proven and Probable Mineral Reserves of 1.7 million ounces of gold and 341.9 million pounds of copper supports a mine life that now extends to 2030.1 In 2021, DPM successfully added 3.0 [...]
Dundee Precious Metals Inc. announced today that the Toronto Stock Exchange accepted its notice of intention to renew its normal course issuer bid to purchase certain of its common shares through the facilities of the TSX. The Company commenced a normal course issuer bid on March 1, 2021, which terminates on February 28, 2022. Under the Current Bid, the Company sought and obtained approval to purchase up to 9 million [...]
Dundee Precious Metals Inc. today announced a pause in drilling activities at its Loma Larga project in Ecuador, as a result of the filing of a constitutional protective action against the Ministry of Environment, Water and Ecological Transition by certain non-government organisations and local agencies. The Court has ordered the suspension of the environmental permit required for current exploration and technical [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared a first quarter dividend of US$0.04 per common share, representing a 33% increase to its quarterly dividend. "The increase to our quarterly dividend reflects our continued strong free cash flow generation, balance sheet strength, and our commitment to delivering superior returns to our shareholders through disciplined capital allocation [...]
Dundee Precious Metals Inc. today announced its operating and financial results for the fourth quarter and twelve months ending December 31, 2021. All operational and financial information contained in this news release are related to continuing operations, unless otherwise stated. Highlights: Record gold production - Produced a record 309,965 ounces of gold, at the upper end of 2021 guidance. Copper production of 34.7 [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines in Bulgaria and the Tsumeb smelter in Namibia for the three and twelve months ended December 31, 2021. "Our mining operations continued to deliver impressive performance in the fourth quarter, driven by a new record for quarterly gold production at Ada Tepe combined with strong results from Chelopech," said David Rae, President and [...]
Dundee Precious Metals Inc. announced today that it has implemented an automatic repurchase plan with effect from Monday, December 20, 2021 with its designated broker in order to facilitate purchases of its common shares under its previously announced normal course issuer bid at times when the Company ordinarily would not be active in the market due to regulatory restrictions or self-imposed blackout periods. Purchases [...]
Dundee Precious Metals Inc. today announced that the Company has refiled a technical report for the Loma Larga development project located in Ecuador. Loma Larga was acquired by DPM as a result of its acquisition of INV Metals Inc., which was completed on July 26, 2021. The technical report, dated November 29, 2021, was originally prepared and filed by INV Metals Inc. with an effective date of April 8, 2020, and the [...]
Dundee Precious Metals Inc. today announced it has scored in the 91st percentile for ESG performance among companies in the metals and mining industry in the 2021 S&P Global Corporate Sustainability Assessment . As a first-time reporter to the CSA, DPM received a score of 65 out of 100, compared to the industry average score of 34. DPM's overall score places its performance in the 91st percentile among over 80 mining and [...]
Dundee Precious Metals announced that its Board of Directors has declared a fourth quarter dividend of US$0.03 per common share. The dividend is payable on Jan 17, 2022 to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2021 and qualifies as an "eligible dividend" for Canadian income tax purposes. Shareholders may elect to receive their dividend in U.S. or Canadian dollars by contacting their [...]
Dundee Precious Metals Inc. today announced its operating and financial results for the third quarter of 2021. All operational and financial information contained in this news release are related to continuing operations, unless otherwise stated. Third Quarter Financial and Operating Highlights: Metals production tracking well to meet 2021 guidance - Produced 71,755 ounces of gold and 8.3 million pounds of copper. On [...]
Dundee Precious Metals Inc. announced preliminary production results from both of its mines and the smelter for the three and nine months ended September 30, 2021. "During the quarter, we continued to deliver strong operating performance at both of our mines, as well as improving smelter performance," said David Rae, President and Chief Executive Officer of Dundee Precious Metals. "We are also encouraged by the progress [...]
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