Dundee Precious Metals prelim 2Q gold output 61,100 oz

Dundee Precious Metals prelim 2Q gold output 61,100 oz

Dundee Precious Metals Inc. (DPM) has announced preliminary production results for the second quarter (Q2) of 2025, highlighting a significant increase in gold output. The company's President and Chief Executive Officer, David Rae, stated that the company continues to deliver solid and consistent results from its operations, with gold and copper production increasing as planned.

The preliminary results for Q2 2025 show that DPM produced a total of 61,100 ounces of gold, up from 52,900 ounces in the first half of 2025. This represents a notable increase in gold production compared to the previous period. Copper production also saw an increase, with a total of 6.4 million pounds produced in Q2 2025, up from 10.4 million pounds in the first half of 2025.

The company's Chelopech mine contributed significantly to the gold output, producing approximately 47,000 ounces in Q2 2025, while Ada Tepe mine produced 14,100 ounces. Both mines are on track to achieve the company's 2025 production guidance.

In addition to the production results, DPM also announced that it repurchased 2,431,548 common shares during the second quarter under its normal course issuer bid. This move is part of the company's strategy to return capital to shareholders.

The company plans to release its full second-quarter 2025 operating and financial results after the market close on Thursday, July 31, 2025. A conference call and audio webcast will be held on Friday, August 1, 2025, to discuss the results.

Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations in Bulgaria, Serbia, and Ecuador. The company's strategic objective is to become a mid-tier precious metals company based on sustainable, responsible, and efficient gold production.

References:

[1] https://www.globenewswire.com/news-release/2025/07/08/3111574/0/en/Dundee-Precious-Metals-Announces-Preliminary-Second-Quarter-Production-Results-and-Timing-of-Second-Quarter-Financial-Results.html