Workflow
DPM Metals Announces Preliminary Third Quarter Production Results and Timing of Third Quarter Financial Results
Globenewswire·2025-10-09 12:25

Core Viewpoint - DPM Metals Inc. reported preliminary production results for Q3 and YTD 2025, highlighting increased gold and copper production and successful integration of the Vareš operation into its portfolio, with a focus on achieving full production by the end of 2026 [1][2][5]. Production Highlights - For Q3 2025, Chelopech processed 557.5 Kt of ore, producing 44.3 K oz. of gold and 7.8 M lbs. of copper, while Ada Tepe processed 223.4 Kt of ore, yielding 19.4 K oz. of gold [3][4]. - Year-to-date (YTD) 2025, Chelopech processed 1,631.4 Kt of ore, producing 128.7 K oz. of gold and 20.1 M lbs. of copper, and Ada Tepe processed 560.6 Kt of ore, yielding 46.0 K oz. of gold [3][4]. - The consolidated production for Q3 2025 was 780.9 Kt of ore, resulting in 63.7 K oz. of gold and 7.8 M lbs. of copper, while YTD consolidated production was 2,192.0 Kt of ore, yielding 174.7 K oz. of gold and 20.1 M lbs. of copper [3][4]. Vareš Operation Update - DPM completed the acquisition of Adriatic Metals plc on September 3, 2025, and is integrating the Vareš operation, aiming for an operating rate of 850,000 tonnes per year by the end of 2026 [5][6]. - Initial integration steps include implementing health and safety practices and enhancing local personnel training programs [6]. - Minimal production is expected at Vareš for the remainder of 2025, with a three-year outlook to be provided in February 2026 [7]. Financial Results Timing - DPM plans to release its Q3 2025 operating and financial results on November 13, 2025, after market close [9]. - A conference call to discuss the results will be held on November 14, 2025, at 9 AM EST [10].