Dundee Precious Metals is Bringing a Mine Back to Life
Dundee Precious Metals Inc. is a Canadian based, international gold mining company. Engaged in the acquisition, exploration, development, mining and processing of precious metals.
Showing advance in their Chelopech mine from bankruptcy into producing 222,000 ounces of gold equivalent in 2016.
DPM’s principal subsidiaries include:
- Gold, copper and silver mine located east of Sofia, Bulgaria which is owned and operates by Dundee Precious Metals Chelopech (Chelopech);
- Focused on the development of a gold property located in Krumovgrad in south eastern Bulgaria, Dundee Precious Metals Krumovgrad (Krumovgrad);
- The company’s concentrate processing facility located in Tsumeb, Namibia, which is owned and operated by Dundee Precious Metals Tsumeb (Tsumeb).
For over 20 years DPM was a closed end fund with 75% of its investments in the gold mining industry.
In September of 2003, after an extensive due diligence, DPM acquired two gold assets in Bulgaria. Chelopech, a producing gold mine and Krumovgrad, currently a feasibility stage gold project.
With the approval of its shareholders, DPM finalized its conversion into a gold mining company in April of 2004. With the Bulgarian assets as the initial platform for its operating activities.
For more information on Dundee Precious Metals (DPM.TO) please fill out the form below.