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Production / Operations

DPM Metals estimates production of 63,700 oz Au in Q3

By The Northwire Desk — AI Analysis Oct 09, 2025 · 18:16 DPM · 32.49 DPM Metals Inc.
DPM · Price

Executive Summary

  • DPM Metals reported preliminary Q3 2025 production results showing strong gold and copper output at its Chelopech and Ada Tepe mines, keeping the company on track to meet its 2025 guidance.
  • The company completed its acquisition of Adriatic Metals PLC (Vares operation) on Sept. 3 2025 and outlined integration progress, targeting an 850,000‑tonne‑per‑year operating rate by year‑end 2026 with minimal production expected for the remainder of 2025.
  • DPM announced that its Q3 2025 operating and financial results will be released after market close on Nov. 13 2025, followed by a conference call/webcast on Nov. 14 2025.

Key Details

  • Chelopech Mine – Q3 2025: ~44,300 oz gold produced; 7.8 M lbs copper produced; gold grades increased in line with mine plan.
  • Ada Tepe Mine – Q3 2025: ~19,400 oz gold produced; production aligns with annual guidance.
  • Both mines are on schedule to achieve the company’s 2025 production targets.
  • Vares (formerly Adriatic Metals) Acquisition: Completed Sept. 3 2025; integration underway with focus on health & safety practices, personnel training, stakeholder engagement, and construction of a paste‑backfill plant slated for 2026.
  • Expected Vares operating rate: 850,000 t/yr by Dec. 31 2026; minimal production anticipated for the balance of 2025.
  • Financial Results Timing: Q3 2025 results to be posted after market close on Thu., Nov. 13 2025 (SEDAR+ and company website). Conference call/webcast scheduled for Fri., Nov. 14 2025 at 9:00 a.m. EST; registration required.
  • Technical Review: Information reviewed and approved by Ross Overall, Director of Corporate Technical Services, qualified under NI 43‑101.

Notable Quotes

“The integration of Vares 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.” – 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