DPM Metals Reports Third Quarter Gold Equivalent Production Results; On Track to Achieve High-End of 2026 Guidance
Globe Newswire•08/10/2026•07:45 ET
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Key Highlights
- ➤Q3 gold equivalent production 97,000 ounces; DPM targets high end of 2026 guidance
- ➤Vareš produced 45,000 GEO and is expected to exceed its 2026 guidance range
- ➤Chelopech produced 50,000 GEO, remaining on track for 2026 production guidance
- ➤DPM repurchased 4,003,348 shares for approximately US$149.6 million year-to-date
- ➤Ada Tepe produced 2,000 GEO before processing operations ended July 15, 2026
Expert Statements
David Rae, President and CEO of DPM Metals
“We continue to deliver strong operating performance, producing 97,000 gold equivalent ounces in the third quarter, positioning DPM to achieve the high-end of our production guidance for 2026.”
David Rae, President and CEO of DPM Metals
“The ramp-up of Vareš continues to progress ahead of our expectations and the mine is now expected to exceed its 2026 production guidance – an achievement that demonstrates our strong operating capabilities.”
David Rae, President and CEO of DPM Metals
“Before year-end, we plan to start development of the twin declines for the Wedge Zone, which is expected to add near-term production and mine life at Chelopech.”
David Rae, President and CEO of DPM Metals
“Combined with our ongoing exploration success at Dumitru Potok and Brevene Porphyry South, we are building a platform for high-margin growth to deliver strong returns for our shareholders.”
David Rae, President and CEO of DPM Metals
“We continue to invest in these high-return organic growth opportunities while returning capital to shareholders, buying back nearly $150 million of shares year-to-date, reflecting our confidence and excitement for our organic growth potential.”
TORONTO, Oct. 08, 2026 (GLOBE NEWSWIRE) -- DPM Metals Inc. (TSX: DPM, ASX: DPM) (ARBN: 689370894) (“DPM” or “the Company”) today announced preliminary production results for the three and nine months ended September 30, 2026.
“We continue to deliver strong operating performance, producing 97,000 gold equivalent ounces in the third quarter, positioning DPM to achieve the high-end of our production guidance for 2026,” said David Rae, President and CEO of DPM Metals.
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