Dundee Precious Metals reports record quarterly gold production at Ada Tepe

Tue Oct 10 2023

Dundee Precious Metals (TSX: DPM) reported today that in Q3 2023, its Ada Tepe mine in Bulgaria produced a record 33.8 koz of gold, in-line with expectations and reflecting higher grades per the mine plan.

The company added that its Chelopech mine in Bulgaria produced approximately 40.3 koz of gold and 7.2 mlbs of copper, in-line with expectations.

According to Dundee, both mines are on track to achieve their respective 2023 production guidance ranges.

President and CEO David Rae said, “In the third quarter, we continued our strong operating track record, with Ada Tepe achieving a new record for quarterly gold production and Chelopech delivering solid production in-line with our expectations.

“We continue to be well-positioned to achieve our 2023 guidance targets for gold and copper production.”

Dundee Precious Metals is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia.

Source: https://www.kitco.com