Record Financial Results
Dundee Precious Metals delivered record financial results in Q2 2025, including record revenue, earnings, and free cash flow. Revenue was $186 million, adjusted net earnings were $88 million, and free cash flow was $95 million.
Strategic Acquisition of Adriatic
The proposed acquisition of Adriatic is expected to create a premier mining business with peer-leading growth. The response from investors and the market has been positive. The transaction is anticipated to close in Q4 2025.
Strong Production Metrics
Solid production reported with 61,000 ounces of gold and 6.4 million pounds of copper. The all-in sustaining cost was $1,011 per ounce of gold sold.
Advancement of Coka Rakita Project
The feasibility study for Coka Rakita is advancing as planned, targeting completion by year-end 2025. The project is expected to move towards a construction decision by mid-2026.
Environmental Milestone for Loma Larga
The Loma Larga project in Ecuador received an environmental license in June 2025, marking a significant milestone for the project.