- Dundee Precious Metals (TSX:DPM) has announced strong preliminary results from its mines and smelter for the three and six months ended June 30
- The company received record gold production in Q32 as a result of strong performances from its mining operations
- Chelopech produced 52,600 ounces of gold and 10 million pounds of copper during Q2
- Ada Tepe produced 32,500 gold ounces during the quarter
- The Tsumeb smelter processed 59,600 tonnes of complex concentrate
- These strong results put the company on track to meet its 2021 guidance at each of its operations
- Shares of Dundee Precious Metals are up 2.70 per cent to C$7.62 as of 2:22 p.m. EDT
Dundee Precious Metals (DPM) has announced strong preliminary production results for the three and six-month periods ended June 30.
In a press release, Dundee Precious Metals’ CEO David Rae said the company reached a new record for gold production during Q2 resulting from strong performances from its mining operations.
Case in point, the Chelopech mine produced 52,600 ounces of gold and 10 million pounds of copper; Ada Tepe produced 32,500 gold ounces; and the Tsumeb smelter processed over 59,600 tonnes of complex concentrate, which is an increase from Q1.
“Our strong gold production, combined with solid smelter performance in Q2, positions us well to achieve our 2021 guidance at each of our operations,” Rae commented.
Other production highlights include payable metals in concentrate for Chelopach increased during the quarter, which means overall higher production.
Headquartered in Toronto, Ontario, Dundee Precious Metals is an international mining company focused on the acquisition, exploration, development and mining and processing of a range of precious metals properties.
The company’s operations are located in Namibia and Bulgaria, while the company has exploration projects in Bulgaria and Siberia.
Shares of Dundee Precious Metals are up 2.70 per cent to C$7.62 as of 2:22 p.m. EDT.