Gold Mining

Globe Newswire - Dec 18th, 2024

Score 7.2

Dundee Precious Metals Announces Pre-Feasibility Study Results for the Čoka Rakita Project with $735M of NPV5% and 41% IRR

TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) is pleased to announce the results of a pre-feasibility study (“PFS”) for its Čoka Rakita project in Serbia. The robust PFS economics and continued exploration success around Čoka Rakita serve as DPM’s basis for proceeding to a feasibility study (“FS”) immediately for an accelerated construction decision, with first concentrate production targeted for 2028.