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Dundee settles on Krumovgrad economics

Dundee Precious Metals has shown its Krumovgrad gold project in southern Bulgaria can jump through whatever hoops the market puts in its way, with the third version of the project still standing up at today’s gold and silver prices.

Dundee settles on Krumovgrad economics Dundee settles on Krumovgrad economics Dundee settles on Krumovgrad economics Dundee settles on Krumovgrad economics Dundee settles on Krumovgrad economics

Chelopech produced 169,725oz of gold and 18,050t of copper last year (photo: Srednogorie Industrial Cluster)

While the capital expenditure and operating cash costs may have edged up from the 2014 optimisation study, the project is still able to generate healthy returns.