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Dundee Precious Metals exceeds 2018 gold production guidance

Mining News - Published on Mon, 14 Jan 2019

Image Source: Prime Focus Magazine
Dundee Precious Metals Inc announced its mine and smelter production results for the three months and year ended December 31, 2018 and confirmed the timing of the release of fourth quarter and full year 2018 operating and financial results, together with the related conference call and webcast. On a consolidated basis, Chelopech achieved another record year of gold production in 2018 and exceeded the Company’s guidance while copper production was in line with guidance. Tsumeb also achieved a record year of complex concentrate smelted and was in line with guidance.

Rick Howes, President and CEO, said “Chelopech exceeded expectations for the year and Tsumeb continued to ramp up throughput delivering strong performance. With Krumovgrad on budget and ready to commence concentrate production during the first quarter of 2019, DPM is expected to deliver significant growth in gold production and free cash flow.”

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Posted By : Rabi Wangkhem on Mon, 14 Jan 2019
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