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 [...]
Dundee Precious Metals Inc. announced its mine and smelter production results for the three and nine months ended September 30, 2019 and confirmed the timing of the release of third quarter 2019 operating and financial results, together with the related conference call and webcast. “We had a strong quarter of gold production from Ada Tepe [...]
Dundee Precious Metals Inc. is pleased to announce that the Ada Tepe Mine has successfully completed ramp-up activities and has been operating at the full design tonnage at the mine and processing plant of 2,500 tonnes per day at 85% gold recovery in concentrate for a period of 10 days. “We are extremely excited to see the operation achieve [...]
