Canada $2.6 Billion Gold Mining Company Dundee Precious Metals to Buy UK-Based Adriatic Metals for $1.3 Billion, Founded in 2017 by Paul Cronin, Eric De Mori, & Milos Bosnjakovic
14th June | Hong Kong
Canada gold mining company Dundee Precious Metals has announced to buy UK-based Adriatic Metals for $1.3 billion. Adriatic Metals was founded in 2017 by Paul Cronin, Eric De Mori, & Milos Bosnjakovic. Dundee Precious Metals – Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Serbia and Ecuador. Our strategic objective is to become a mid-tier precious metals company, which is based on sustainable, responsible and efficient gold production from our portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions. This strategy creates a platform for robust growth to deliver above-average returns for our shareholders. DPM’s shares are traded on the Toronto Stock Exchange (symbol: DPM). Adriatic Metals – Adriatic is a UK-based precious and base metals producer, with listings on the London Stock Exchange and Australian Stock Exchange. Adriatic’s asset portfolio consists of its flagship Vareš Silver Operation in Bosnia and Herzegovina and the exploration-stage Raška Project in Serbia. The Vareš Silver Operation produces silver/lead and zinc concentrates and has the potential to be one of the world’s largest producing, low-cost silver mines, with a high-grade Mineral Reserve base underpinning a 15-year mine life. First sale of concentrate was achieved in 2024 and the asset is currently ramping up to commercial production, with further plans underway to expand the plant processing capacity from 0.8 to 1.3 million tonnes per annum. The orebody remains open along strike and at depth, and there are several options available for regional exploration targets on Vareš’ 44km2 concession.
“ Canada $2.6 Billion Gold Mining Company Dundee Precious Metals to Buy UK-Based Adriatic Metals for $1.3 Billion, Founded in 2017 by Paul Cronin, Eric De Mori, & Milos Bosnjakovic “
Canada $2.6 Billion Gold Mining Company Dundee Precious Metals to Buy UK-Based Adriatic Metals for $1.3 Billion, Founded in 2017 by Paul Cronin, Eric De Mori, & Milos Bosnjakovic

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