DPM Metals Inc. (formerly Dundee Precious Metals Inc.) is a mid-tier international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's principal operations are located in Eastern Europe, featuring the flagship Chelopech underground copper-gold mine and the Ada Tepe open-pit gold mine in Bulgaria. In 2025, DPM significantly expanded its portfolio by acquiring Adriatic Metals, adding the high-grade Vareš silver-lead-zinc-gold underground mine in Bosnia and Herzegovina. The company also holds advanced development and exploration projects in Serbia (Čoka Rakita) and Ecuador (Loma Larga). DPM generates the vast majority of its revenue from the sale of gold and copper concentrates; in 2024, gold sales accounted for approximately 85% of its metals revenue ($569.9 million out of $674.2 million). The company is recognized as a low-cost producer within the global gold mining sector, consistently generating strong free cash flow and maintaining a robust balance sheet to fund its organic growth pipeline, strategic acquisitions, and shareholder returns.
