Cerro de la Loma Larga

Dundee Precious Metals Receives Court Decision on Permitting Process for the Loma Larga Project in Ecuador

Retrieved on: 
Tuesday, August 29, 2023
International Finance Corporation, Water, Government, Ministry, Ministry of Ecological Transition (France), Outline, DPM, Court, TSX, Water resources, Provincial and territorial courts in Canada, Risk management, Environment, Cerro de la Loma Larga

TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announced that a decision on the appeal of the Constitutional Protective Action (the “Action”) filed against the Ministry of Environment, Water and Ecological Transition (“MAATE”) was delivered by the Provincial Court of Azuay in Ecuador.

Key Points: 
  • TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) announced that a decision on the appeal of the Constitutional Protective Action (the “Action”) filed against the Ministry of Environment, Water and Ecological Transition (“MAATE”) was delivered by the Provincial Court of Azuay in Ecuador.
  • Based on the Company’s preliminary analysis, the decision reaffirmed DPM’s mining concessions for the Loma Larga project, and clarified that free, prior and informed consultation of certain local indigenous populations must be carried out by the state, which the Company had already planned as part of its development of the project.
  • The decision also held that environmental consultation with communities in the project’s area of influence and certain additional reports on the impact of the project on water resources and the Quimsacocha National Recreation Area would need to be provided by the MAATE to the Court prior to advancing the project to the exploitation phase.
  • “As we assess the court’s decision, we remain committed to the highest applicable standards for environmental protection and stakeholder engagement in-line with International Finance Corporation standards,” said David Rae, President and Chief Executive Officer.

Dundee Precious Metals Completes Investment Protection Agreement for the Loma Larga Project in Ecuador

Retrieved on: 
Friday, August 18, 2023
Project, IPA, TSX, International, DPM, Government, Renewable energy, Cerro de la Loma Larga

TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) is pleased to announce it has entered into an investment protection agreement (“IPA” or “the agreement”) with the Government of Ecuador for the Loma Larga project (“Loma Larga” or “the Project”).

Key Points: 
  • TORONTO, Aug. 18, 2023 (GLOBE NEWSWIRE) -- Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”) is pleased to announce it has entered into an investment protection agreement (“IPA” or “the agreement”) with the Government of Ecuador for the Loma Larga project (“Loma Larga” or “the Project”).
  • “The successful completion of the IPA is a significant milestone and positive step forward for the project.
  • This agreement provides further legal protections and tax stability for DPM and our investors,” said David Rae, President and Chief Executive Officer of Dundee Precious Metals.
  • “The IPA represents our dedication to working collaboratively with stakeholders, including the Government of Ecuador.

McEwen Copper Strengthens the Exploration Team by Welcoming Darren King as Exploration Director

Retrieved on: 
Thursday, August 3, 2023
Area studies, Mine exploration, SME, Registered, Metallurgy, Andes, MUX, MacEwen, Dominican Republic, Gold, Copper, National instrument, TSX, Growth, Barrick Gold, NYSE, Mining, Metal, Safety, Science, Veladero, Geology, Cerro de la Loma Larga

TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the appointment of Mr. Darren King as Exploration Director.

Key Points: 
  • TORONTO, Aug. 03, 2023 (GLOBE NEWSWIRE) -- McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) is pleased to announce the appointment of Mr. Darren King as Exploration Director.
  • During his tenure, Darren also advanced regional exploration properties and ensured compliance with safety, social, and environmental standards.
  • Michael Meding, Vice President and General Manager of McEwen Copper stated, "We are delighted to have Darren join McEwen Copper.
  • Rob McEwen, Chairman and CEO of McEwen Mining, added “I look forward to the contributions Darren will make to McEwen Copper’s exploration endeavors as we pursue our ambitious goals.”

Dundee Precious Metals Continues Track Record of Strong Free Cash Flow Generation; Announces 2023 First Quarter Results

Retrieved on: 
Wednesday, May 3, 2023
Maintenance, Brevens bruk, Tierra Colorada, Capital expenditure, Sveta Petka, Environmental impact assessment, Life, Share repurchase, Resource, Overalls, Geology, Umka, Tax, Government, Public expenditure, EBITDA, Council for Citizen Participation and Social Control, Gold, Acquisition, DPM, EIA, Copper, MD, Analysis, Kara Tepe, Financial result, Capital, Depreciation, Complex, FS, News, Iron ore, Bookkeeping, Palladium, Risk management, Bank, Cryptocurrency, Video game, Pharmaceutical industry, Security (finance), Rare-earth element, Uranium mining, Kupil, Cerro de la Loma Larga

A table comparing first quarter 2023 production, sales and cash cost measures by asset against 2023 guidance is located on page nine of this news release.

Key Points: 
  • A table comparing first quarter 2023 production, sales and cash cost measures by asset against 2023 guidance is located on page nine of this news release.
  • Chelopech, Bulgaria: Chelopech continued its track record of strong performance, producing 35,258 ounces of gold and 7.2 million pounds of copper in first quarter 2023.
  • Free cash flow: Free cash flow in first quarter 2023 of $65.0 million was $12.7 million higher than the corresponding period in 2022, due primarily to the same factors impacting earnings before income taxes.
  • In first quarter 2023, the Company returned a total of $15.9 million to shareholders, representing approximately 24% of its free cash flow generated in the quarter.

Dundee Precious Metals Achieves 2022 Gold Production Guidance; Announces Timing of Q4/22 Financial Results

Retrieved on: 
Tuesday, January 10, 2023
News, Environmental impact assessment, Resource management, Rakita, Mineral, Government, DPM, Copper, MD, PIN, Instability, SEDAR, Life, Chelopech, Gold, Renewable energy, Mining, Cerro de la Loma Larga

Ada Tepe achieved its highest quarterly production of the year in the fourth quarter of 2022, producing approximately 28,100 ounces of gold.

Key Points: 
  • Ada Tepe achieved its highest quarterly production of the year in the fourth quarter of 2022, producing approximately 28,100 ounces of gold.
  • In 2022, Ada Tepe produced approximately 94,000 ounces of gold, which was towards the higher end of its annual production guidance for the year.
  • In the fourth quarter, Chelopech produced approximately 45,300 ounces of gold and 7.4 million pounds of copper.
  • The Company plans to release its fourth quarter and full-year 2022 operating and financial results after market close on Thursday, February 16, 2023.

Dundee Precious Metals Announces Preliminary Third Quarter Production Results; All Operations on Track to Achieve 2022 Production Guidance

Retrieved on: 
Tuesday, October 11, 2022
Insurance, Timok, Metal, Forward-looking statement, Corruption, Ministry of Oil and Mineral Reserves (Syria), Forward, Company, Silver, Accident, Acquisition, Industry, SEDAR, Resource management, Copper, Phrase, Gold, Climate change, Vaccination, Failure, Terminology, COVID-19, Weather, Risk, Mining, Risk management, Cerro de la Loma Larga

This press release contains forward looking statements or forward looking information (collectively, Forward Looking Statements) that involve a number of risks and uncertainties.

Key Points: 
  • This press release contains forward looking statements or forward looking information (collectively, Forward Looking Statements) that involve a number of risks and uncertainties.
  • The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used.
  • The Companys Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof.
  • Accordingly, readers are cautioned not to place undue reliance on Forward Looking Statements.

Dundee Precious Metals Provides Update on Constitutional Protective Action in Ecuador

Retrieved on: 
Wednesday, July 13, 2022
NGO, News, SEDAR, Forward-looking statement, Company, Terminology, Cerro de la Loma Larga, Phrase, Risk, Forward, Corruption, Audit

The Forward Looking Statements in this news release relate to the timing of the legal proceedings related to the Action, as well as the resumption of the drilling activities at Loma Larga.

Key Points: 
  • The Forward Looking Statements in this news release relate to the timing of the legal proceedings related to the Action, as well as the resumption of the drilling activities at Loma Larga.
  • The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used.
  • The Companys Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof.
  • Unless required by securities laws, the Company undertakes no obligation to update Forward Looking Statements if circumstances or managements estimates or opinions should change.

Dundee Precious Metals Delivers Strong Gold Production; Announces Second Quarter 2022 Preliminary Production Results

Retrieved on: 
Monday, July 11, 2022
Forward-looking statement, Metal, Weather, COVID-19, Terminology, Vaccination, Industry, Risk, Resource management, Copper, Silver, Corruption, Export, Climate change, Company, Government, Forward, Goal, Accident, Failure, Investment, SEDAR, Timok, Acquisition, Phrase, Ministry of Oil and Mineral Reserves (Syria), Mining, Gold, Insurance, Risk management, Cerro de la Loma Larga

This press release contains forward looking statements or forward looking information (collectively, Forward Looking Statements) that involve a number of risks and uncertainties.

Key Points: 
  • This press release contains forward looking statements or forward looking information (collectively, Forward Looking Statements) that involve a number of risks and uncertainties.
  • The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used.
  • The Companys Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof.
  • Accordingly, readers are cautioned not to place undue reliance on Forward Looking Statements.

Dundee Precious Announces First Quarter 2022 Preliminary Production Results

Retrieved on: 
Monday, April 11, 2022
Curtailment (electricity), Company, Ministry of Oil and Mineral Reserves (Syria), Forward-looking statement, Silver, Vaccination, Investment, Risk, DPM, Climate change, Resource management, SEDAR, Mining, Accident, Export, Timok, Failure, Government, Forward, Update, Gold, Metal, Industry, Goal, COVID-19, Corruption, Phrase, Copper, News, Terminology, Weather, Insurance, Acquisition, Risk management, Cryptocurrency, Cerro de la Loma Larga

The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used.

Key Points: 
  • The reader has been cautioned that the foregoing list is not exhaustive of all factors which may have been used.
  • There can be no assurance that Forward Looking Statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.
  • The Companys Forward Looking Statements reflect current expectations regarding future events and speak only as of the date hereof.
  • Refer to the news release Dundee Precious Metals Announces Mine Life Extension and Update toMineral Resource and Mineral Reserve Estimates for Chelopech dated March 31, 2022 and available on the DPM website at www.dundeeprecious.com .

Dundee Precious Metals Provides Update on Drilling Activities at Loma Larga

Retrieved on: 
Thursday, February 24, 2022
GLOBE, ESG, TSX, Water, Hearing, Government, Court, Action, Growth, Ministry, Company, Safety, Project, DPM, Program, Ministry of the Ecological Transition (France), Risk management, Cerro de la Loma Larga, Environment

DPM is committed to working collaboratively and transparently with stakeholders to advance the Loma Larga project in-line with the highest applicable standards for environmental protection and stakeholder engagement, said David Rae, President and Chief Executive Officer of Dundee Precious Metals.

Key Points: 
  • DPM is committed to working collaboratively and transparently with stakeholders to advance the Loma Larga project in-line with the highest applicable standards for environmental protection and stakeholder engagement, said David Rae, President and Chief Executive Officer of Dundee Precious Metals.
  • As a foreign investor in Ecuador, we hope to contribute significantly to creating substantial economic and social opportunities for local communities through the responsible development of Loma Larga.
  • The Action against the MAATE also seeks the annulment of DPMs mining concessions for Loma Larga.
  • About Dundee Precious Metals Inc.
    Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia.