Northwire Canada EditionMonday, July 27, 2026
Sign inSubscribe
Northwire
⌕
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Technical Study

DPM Metals Announces Filing of Technical Report for Rakita Camp Prospects

DPM Metals Formalizes Serbian Resource Upside as Operational Consistency Drives Stock to Record Highs

By The Northwire Desk — AI Analysis Jan 16, 2026 · 17:00 DPM · 46.04 DPM Metals Inc.
Executive Summary
  • The most recent news (January 16, 2026) announces the formal filing of a Technical Report for the Rakita Camp prospects (Dumitru Potok, Rakita North, and Frasen) in Serbia. This report supports the Inferred Mineral Resource estimate previously disclosed on December 2, 2025.
  • The news follows a major operational update on January 12, 2026, where the company announced it achieved gold production guidance for the 11th consecutive year. Preliminary 2025 production totaled 244.9k ounces of gold and 30M pounds of copper.
  • On January 12, 2026, the company also filed the feasibility study (FS) technical report for the flagship Coka Rakita gold project, confirming robust economics including an NPV of $782M and an IRR of 36%.
  • Vareš mine integration is proceeding, with the company expecting to reach an 850,000 tonne per year operating rate by the end of 2026.
Material Impact
  • The January 16 technical report filing is routine and procedural, as it merely formalizes data previously communicated to the market in December 2025. However, it confirms the "Tier One" status of the Rakita camp.
  • The January 12 production results are materially positive, reinforcing DPM’s reputation for operational reliability and conservative guidance. Achieving guidance for 11 straight years is rare in the mining sector and justifies the current premium valuation.
  • The Coka Rakita FS filing formalizes a project with a very low AISC ($644/oz), which will serve as the company's primary growth engine as the Ada Tepe mine nears the end of its life (expected mid-2026).
  • Collectively, the news confirms that despite the loss of the Loma Larga environmental license in Ecuador (October 2025), the company has successfully pivoted to its Serbian and Bosnian assets to maintain its growth trajectory.
DPM · Price
Company Overview
  • DPM Metals is a mid-tier producer with operations in Bulgaria (Chelopech, Ada Tepe) and Bosnia and Herzegovina (Vareš).
  • Flagship Project: Coka Rakita (Serbia). The FS highlights 1.5M oz of gold reserves at 6.44 g/t. It is expected to produce 189k oz/year for the first five years starting in 2029.
  • Strategic Pivot: After the revocation of the Loma Larga license in Ecuador, DPM has shifted all growth capital toward the Rakita Camp in Serbia and the Vareš ramp-up.
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