Currently viewing Global edition

Dundee's Chelopech advantage

Dundee Precious Metals is not going to pick up another Chelopech for US$1, but CEO Rick Howes says technology and process application knowledge gained in the transformation of the Bulgaria mine could give the company a unique advantage when weighing up the acquisition of similar assets.

Dundee's Chelopech advantage Dundee's Chelopech advantage Dundee's Chelopech advantage Dundee's Chelopech advantage Dundee's Chelopech advantage

Chelopech in Bulgaria ... among the world's lowest cost underground gold mines

TSX-listed Dundee (DPM) bought the former Soviet-run gold-copper mine for next to nothing in 2003 and has since quadrupled its underground production rate.