Dundee Precious Metals Inc. today announced its operating and financial results for the first quarter of 2020. First Quarter Financial and Operating Highlights: Strong metals production – Produced 72,963 ounces of gold in concentrate, with Ada Tepe delivering its highest quarterly production to date and Chelopech continuing its track record of [...]
Dundee Precious Metals Inc. announced strong preliminary production results from both of its mines and smelter for the three months ended March 31, 2020. The Company is on track to meet its previously issued guidance for 2020 at each of its operations. “DPM delivered exceptional first quarter production results at each of our three operations for a [...]
Dundee Precious Metals Inc. reports that its Chelopech and Ada Tepe mines in Bulgaria continue to operate fully in line with previously issued guidance and have not experienced any disruptions to production as a result of COVID-19. The Tsumeb smelter in Namibia also continues to operate in line with previously issued guidance, although activities [...]
Dundee Precious Metals Inc. announced today that it has implemented an automatic repurchase plan 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 [...]
Dundee Precious Metals Inc. reports that it continues to operate fully in line with previously issued guidance at all sites and has not experienced any disruptions to its production as a result of COVID-19 or any travel restrictions implemented by local governments. ?We are monitoring the situation closely and our highest priority is ensuring the [...]
Dundee Precious Metals Inc. announced today that the Toronto Stock Exchange accepted its notice of intention to renew its normal course issuer bid to repurchase certain of its common shares through the facilities of the TSX. The Company commenced a normal course issuer bid on May 16, 2018, which expired on May 15, 2019. Under the Previous Bid, the [...]
Dundee Precious Metals Inc. today announced that its Board of Directors has declared an inaugural quarterly dividend of US$0.02 per common share. The dividend is payable on April 15, 2020 to shareholders of record as at 5:00 p.m. Toronto local time on March 31, 2020. This dividend qualifies as an “eligible dividend” for Canadian income [...]
Dundee Precious Metals Inc. Fourth Quarter and Annual Financial and Operating Highlights: Record annual metals production – Strong fourth quarter performance from Chelopech and Ada Tepe delivered the highest production quarter of the year and contributed to record annual gold production of 230,592 ounces, above the mid-point of 2019 guidance [...]
Dundee Precious Metals Inc. announced record gold production along with smelter production for the three and twelve months ended December 31, 2019, meeting its updated consolidated guidance for the year. “2019 was a pivotal year for DPM as we commissioned our second gold mine and generated record consolidated gold production. Our Ada Tepe [...]
Dundee Precious Metals Inc. announces that, as part of its executive succession planning process, Rick Howes will be stepping down as President and Chief Executive Officer at the annual general meeting of shareholders on May 7, 2020 and will not stand for re-election as director. David Rae, DPM’s Chief Operating Officer since 2014, has been [...]
Dundee Precious Metals Inc. Third Quarter Financial and Operating Highlights: Consolidated gold production – Achieved record consolidated gold production of 65,642 ounces with a strong quarter from Chelopech and Ada Tepe, transitioning DPM to a multi-asset mid-tier producer; Chelopech – Achieved gold production of 40,328 ounces and [...]
Dundee Precious Metals Inc. today announced the completion of a non-brokered C$10,000,000 private placement in INV Metals Inc. . Pursuant to the terms of the Offering, INV Metals issued 25,000,000 common shares to the Company at a price of C$0.40 per Common Share. Following completion of the Offering, the Company owns 26,538,462 Common Shares, or [...]