Sitemap

Dundee Precious Metals Inc.

We’ve Invested 245 Million Dollars In Serbia

Dundee Precious Metals Inc. is a Canadian mining company that’s listed on the Toronto Stock Exchange and has been conducting exploration works in Serbia since 2004. 

Dundee logo

The company currently possesses the rights to nine exploration permits, which cover a total area of approximately 525 square kilometres in the area located in the magmatic complex of Timok in eastern Serbia and the magmatic complex of Lece in southern Serbia. During its fifteen-year presence in the country to date, the company has invested around 245 million Canadian dollars. 

DPM’s current leading project is Timok gold – a newly discovered style of mineralisation on the western climbs of the Timok magmatic complex. As part of this research, the company has engaged with local communities, especially the Municipality of Žagubica, where most of the work is being done.

Dundee

September 2018 saw the company release an updated mineral resource assessment for the areas of Bigar Hill, Korkan, Korkan West and Kraku Pešter. They are part of DPM’s Timok Gold project, which is estimated at 46.9 million tonnes, evaluating an average of 1.32 grams per tonne of gold in the specified resource category for 1.996 million ounces of gold.

DPM’s current leading project is Timok gold – a newly discovered style of mineralisation on the western climbs of the Timok magmatic complex

The Timok Gold project is currently in the preliminary economic assessment phase, while the company is simultaneously working on the preparation of a feasibility study. It is planned for completion in the first half of 2020, after which a feasibility study for the Timok Gold project is expected to begin.

In addition to developing the Timok Gold project, the company is continuing its research activities based on other exploration permits in Serbia.

More...

Comment

Can Sustainable Mining Be Less Of An Oxymoron?

Can Sustainable Mining Be Less OF AN OXYMORON? The best modern mining practises represent a huge step forward in terms of maintaining a more...

Minister of Mining And Energy

Mining Has Serious Development Potential

The value of Serbia's mineral wealth totals in excess of 200 billion dollars, and that wealth should be used in a sustainable way –...

H.E. Giles Norman, Ambassador Of Canada To Serbia

We Gladly Share Our Knowledge

We welcome the intention of the Serbian Ministry of Mining and Energy to further develop the mining regime and adjust it to the needs...

Dr Milinko Radosavljević, Director Of The Mining Institute Of Serbia

Linking Science And Practise

The Mining Institute of Serbia, one of the country's pre-eminent scientific institutions, consists of three reference laboratories and two design institutes. It is accredited...

News

Famous World Fashion Designer Philippe Plein visits The Serbian Company Luss Textile

Serbian company Luss Textile​ is holding talks to become a supplier to German fashion group Philipp Plein, the Serbian...

Tamara Klarić And Bogdan Stevanović: A Good Idea Inspired People To Do Good Deeds

This year, Trag Foundation is presenting the 14th VIRTUS Philanthropy Award. Last year, the VIRTUS award for individual contribution...

First Flight To The New Destination In Switzerland Air Serbia Begins Flying To Geneva

On 1 March, with the JU 470 flight carried out with an Airbus A319, Air Serbia commenced direct flights...

Mining Represents The Future Of Serbia

In a drive to increase the share of mining's contribution to the country's GDP from 1.9 to 3.5 per...

Serbia-Bulgaria Gas Interconnection Important For Whole Region

Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic talked today during her working visit to the...

First Flight To The New Destination In Switzerland Air Serbia Begins Flying To Geneva

On 1 March, with the JU 470 flight carried out with an Airbus A319, Air Serbia commenced direct flights...

Mining Represents The Future Of Serbia

In a drive to increase the share of mining's contribution to the country's GDP from 1.9 to 3.5 per...

Serbia-Bulgaria Gas Interconnection Important For Whole Region

Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic talked today during her working visit to the...

Europe And COVID-19 Vaccination Passports

European Union leaders moved closer on Thursday to an agreement on certificates showing that citizens have been vaccinated against...

AmCham Elects New Board Members

Annual HERO Award honours health workers, true heroes of today’s world At today’s General Assembly Meeting, members of the American...