Dundee Precious Metals (OTCMKTS:DPMLF) is a Canada-based international gold and copper producer with mining operations and exploration projects in Europe and Eurasia. The company specializes in the extraction, processing and sale of gold, copper and silver concentrates, serving premium smelters and refineries worldwide. With administrative headquarters in Toronto, it combines modern mining methods and metallurgical expertise to deliver precious metals to a global customer base.
The company’s flagship assets include the Chelopech mine in Bulgaria, an underground polymetallic operation producing copper-gold concentrates, and the Ada Tepe gold mine, also in Bulgaria, which employs an open-pit mining and carbon-in-leach processing circuit. In Serbia, Dundee Precious Metals holds a significant interest in the Timok development project, targeting both gold and copper resources. The company further advances its portfolio through the Kapan and Zangezur copper-gold projects in Armenia, where extensive exploration and feasibility work are ongoing.
Founded in the mid-1990s, Dundee Precious Metals grew through strategic acquisitions and organic development of European assets. After acquiring the Chelopech operation in the early 2000s, it went public and expanded its footprint in the Balkans. The commissioning of the Ada Tepe mine marked the company’s transition from a single-mine producer to a multi-asset precious metals business. Continuous investment in exploration and infrastructure helps sustain production levels and extend mine life across its portfolio.
The company’s leadership team is led by President and Chief Executive Officer Rick Howes, supported by a board of directors composed of mining and finance professionals. Dundee Precious Metals emphasizes responsible mining practices, community engagement and environmental stewardship. Its corporate governance framework aligns with international standards, and its sustainability programs prioritize health and safety, biodiversity conservation, and transparent stakeholder relations.
