Northwire Canada EditionFriday, July 31, 2026
Sign inSubscribe
Northwire
⌕
NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Production / Operations

DPM Metals Announces Preliminary Third Quarter Production Results and Timing of Third Quarter Financial Results

By The Northwire Desk — AI Analysis Oct 09, 2025 · 08:25 DPM · 33.70 DPM Metals Inc.
DPM · Price

Executive Summary

  • DPM Metals released preliminary Q3 2025 production results for Chelopech and Ada Tepe mines, showing gold output of 63.7 k oz (up 44.3 k oz at Chelopech) and copper output of 7.8 M lb, both on track with 2025 guidance.
  • The company completed the acquisition of Adriatic Metals plc on September 3 2025, integrating the Vareš operation and outlining a plan to reach an 850,000‑tonne/year operating rate by end‑2026.
  • DPM announced that its Q3 2025 financial results will be released after market close on November 13 2025, with a conference call scheduled for November 14 2025.

Key Details

  • Chelopech Mine – Q3 2025: Processed 557.5 Kt of ore; produced 44.3 k oz gold and 7.8 M lb copper; sold 39.6 k oz gold and 6.8 M lb copper.
  • Ada Tepe Mine – Q3 2025: Processed 223.4 Kt of ore; produced 19.4 k oz gold (no copper); sold 18.3 k oz gold.
  • Consolidated Q3 2025 Production: 780.9 Kt ore processed; 63.7 k oz gold and 7.8 M lb copper contained in concentrate; 57.9 k oz gold and 6.8 M lb copper sold.
  • Year‑to‑Date (YTD) 2025 – Consolidated: 2,192 Kt ore processed; 174.7 k oz gold and 20.1 M lb copper contained; 155.6 k oz gold and 17.2 M lb copper sold.
  • Full‑Year 2025 Guidance (Consolidated): 2,700–2,900 Kt ore; 225–265 k oz gold; 28–33 M lb copper; 205–240 k oz payable gold; 25–29 M lb payable copper.
  • Vareš Integration: Acquisition of Adriatic Metals plc completed September 3 2025; initial integration activities underway, including health & safety practices and training programs.
  • Vareš Production Outlook: Minimal production expected for the remainder of 2025; target operating rate of 850,000 t/yr by end‑2026; three‑year outlook to be provided in February 2026 alongside corporate guidance.
  • Q3 2025 Vareš Interim Results (Sept 3–30): Processed 108.6 Kt ore (35.1 Kt post‑acquisition); produced 9.5 k oz gold, 717.4 k oz silver, 1.6 M lb copper; also generated lead and zinc concentrates.
  • Financial Results Release Schedule: Q3 2025 operating & financial results to be posted after market close on Thursday, November 13 2025 (SEDAR+ and company website). Conference call/webcast on Friday, November 14 2025 at 9:00 AM EST; registration link provided.

Notable Quotes

  • “The integration of Vareš into our operating portfolio is proceeding well… we continue to be excited about the growth potential of this high‑quality asset,” – David Rae, President & CEO.
  • “We continue to deliver solid, consistent results from our operations, with gold and copper production increasing in the third quarter as planned. Both mines are on track to achieve our 2025 guidance.” – David Rae, President & CEO.
Read the original news release →

More from DPM Metals Inc.

Jul 08, 2026 · 17:00

DPM’s free-cash-flow-generating Vareš project ramps production while its exploration pipeline offers tier-one discovery optionality.

Production / Operations Jun 03, 2026 · 06:00

DPM identified a 713-metre interval at 2.52 g/t gold-equivalent adjacent to its Chelopech mine, marking a significant expansion of the project.

Drill Results May 20, 2026 · 06:45

Wedge Zone Deep assays again exceed expectations, but a retreat from February highs leaves DPM at a crossroads between exploration success and a looming correction.

Drill Results May 05, 2026 · 17:00

DPM Metals Cash Flow Soars on Vares Integration Despite Cost Inflation

Earnings Apr 08, 2026 · 07:51

“Q1 2026 production on track, Vareš ramp‑up proceeds as scheduled – a steady beat for shareholders”

Production / Operations Mar 12, 2026 · 10:45

DPM Metals cements mid-tier status with record 2025 cash flows and aggressive 2026 growth targets across the Balkans.

Drill Results