Record Financial Results
DPM delivered record financial results during the third quarter, including revenue of $267 million, adjusted net earnings of $129 million or $0.73 per share, and free cash flow of $148 million.
Successful Acquisition and Integration
DPM successfully closed the Adriatic acquisition, bringing the high-grade Vareš operation into the portfolio, transforming the long-term production profile, and progressing well with integration activities.
Chelopech Operational Success
Chelopech produced 44,000 ounces of gold and 7.8 million pounds of copper, with an all-in sustaining cost of $671 per ounce of gold sold, maintaining a track record of solid efficient operations.
Exploration Success
Positive exploration results at Coka Rakita and other sites, with a large copper-gold system discovered, leading to an increased exploration budget and targeting resource estimates by year-end.