Dundee Precious Metals Inc. today acknowledged receipt of notice from Osino Resources Corp. that a foreign-based mining company has made a binding proposal to acquire all of the issued and outstanding common shares of Osino for a purchase price of C$1.90 per share payable in cash . Osino has further advised DPM that its board of directors has determined that the New Proposal constitutes a "Superior Proposal" as defined in [...]
Dundee Precious Metals announced that its Board of Directors has declared a first quarter dividend of US$0.04 per common share. The dividend is payable on April 15, 2024, to shareholders of record as at 5:00 p.m. Toronto local time on March 31, 2024, 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. is pleased to announce the appointment of Iliya Garkov as Executive Vice President and Chief Operating Officer. "Iliya has an impressive track record of delivering strong results, transforming assets into world-class mining operations and developing strong relationships with stakeholders. His experience, technical expertise and leadership will enhance our organization as we look ahead to the [...]
Dundee Precious Metals Inc. announced its operating and financial results for the quarter and year ended December 31, 2023. Highlights Strong metals production: Produced 296,072 ounces of gold and 30.5 million pounds of copper, in line with 2023 guidance. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $919 and an all-in sustaining cost per ounce of gold sold2 of $849, in line with 2023 guidance [...]
Dundee Precious Metals today announced that the Company has filed a technical report for its Čoka Rakita gold project in Serbia. The purpose of the report was to support the maiden Mineral Resource estimate for Čoka Rakita, as previously disclosed in the Company's news release dated Dec 11, 2023. The technical report has been prepared pursuant to the Canadian Securities Administrator's National Instrument 43-101 [...]
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, 2023. "Our mining operations continue to deliver strong results, with Ada Tepe achieving record gold production and Chelopech achieving its annual guidance for gold and copper production," said David Rae, President and Chief Executive [...]
Dundee Precious Metals Inc. and Osino Resources Corp. are pleased to announce that they have entered into a definitive agreement whereby DPM will acquire all of the issued and outstanding common shares of Osino pursuant to a plan of arrangement . The Transaction adds Osino's high-quality, long-life Twin Hills open pit gold project as well as an extensive exploration portfolio in Namibia to DPM's existing portfolio of [...]
Dundee Precious Metals Inc. is pleased to provide an interim update to the Mineral Resource and Mineral Reserve estimate and life of mine plan for its Chelopech mine in Bulgaria. In 2023, DPM advanced its annual update for Mineral Reserves and Mineral Resources in order to better align with the Company's planning and budgeting cycle. Highlights Mine life extended to 2032: Proven and Probable Mineral Reserves of 1.6 [...]
Dundee Precious Metals Inc. today reported new assay results from its ongoing infill drilling program at the ?oka Rakita prospect in eastern Serbia, which continued to confirm the continuity of the mineralization and locally extended the footprint of the deposit to the west and south-west. Additionally, the Company provided an update on its scout drilling program on the ?oka Rakita licence, highlighting additional [...]
Dundee Precious Metals Inc. today announced that it has appointed Mr. Robert M. Bosshard to the Board of Directors of DPM, effective December 1, 2023. "We are very pleased to welcome Bob Bosshard to the Board of Directors. His significant expertise in finance, capital markets and risk management will be a valuable addition to the Company," said Peter Gillin, Chair of the Board of Directors. Mr. Bosshard has over 40 years [...]
Dundee Precious Metals announced that its Board of Directors has declared a fourth quarter dividend of US$0.04 per common share. The dividend is payable on January 15, 2024, to shareholders of record as at 5:00 p.m. Toronto local time on December 31, 2023, 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 [...]
Dundee Precious Metals Inc. announced its operating and financial results for the third quarter and first nine months ended September 30, 2023. Highlights Strong metals production: Produced 74,102 ounces of gold and 7.2 million pounds of copper. All-in sustaining cost: Reported cost of sales per ounce of gold sold1 of $901 and an all-in sustaining cost per ounce of gold sold2 of $911. On track to achieve 2023 guidance [...]
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