Latest Bulgaria News

DPM Metals has reported record financial results for 2025, driven by strong free cash flow and earnings, while advancing key projects and maintaining a low-cost production profile. The company’s three-year outlook highlights significant production growth and disciplined capital management.

DPM Metals has extended the life of its Chelopech mine in Bulgaria to 2036, supported by a 42% increase in mineral reserves and promising new discoveries. The updated life of mine plan forecasts sustained production of around 160,000 gold equivalent ounces annually.

Raiden Resources has secured an 85% stake in the Crixás Gold Tailings Project in Brazil, presenting a low-capital pathway to near-term gold production. Meanwhile, exploration advances at the Vuzel Gold Project in Bulgaria aim to boost resource ownership amid rising precious metals prices.

DPM Metals has once again met its gold production guidance for 2025, marking eleven consecutive years of hitting targets, while preparing for a significant ramp-up at its Vareš operation.

DPM Metals has released a robust feasibility study for its Čoka Rakita gold project in Serbia, confirming strong economics with a $782 million net present value and a 36% internal rate of return at $1,900 per ounce gold. The study highlights increased reserves, low costs, and a clear path to production by 2029.

DPM Metals has announced a significant discovery of high-grade gold equivalent mineralization nearly 300 metres below the Chelopech mine, revealing promising potential to extend the mine’s life and value. The company plans a substantial drilling campaign to further delineate this new zone.

DPM Metals has announced a fourth quarter dividend of US$0.04 per share, payable in January 2026, with shareholders given the option to receive payments in US or Canadian dollars.

Raiden Resources reports promising high-grade gold intersections at its Vuzel Gold Project in Bulgaria, while advancing permit applications to explore a significant silver anomaly. The company also retains full ownership of its Mt Sholl Project in Western Australia, maintaining a strong cash position.

DPM Metals reports solid third quarter production growth at its Bulgarian mines and steady progress integrating the newly acquired Vareš operation, setting the stage for future expansion.

Raiden Resources has expanded its exploration footprint at the Vuzel Gold Project in Bulgaria with a new Induced Polarisation survey revealing multiple untested gold and silver targets. Recent Phase 2 drilling assays confirm widespread near-surface gold mineralisation, reinforcing the project's potential.

Dundee Precious Metals Inc. has completed its acquisition of Adriatic Metals Plc through a UK scheme of arrangement, gaining control of the Vareš Silver Operation. The deal, valued at approximately USD 1.3 billion, offers Adriatic shareholders a mix of cash and new DPM shares, underpinned by a detailed technical valuation.

Dundee Precious Metals has received court sanction for its recommended acquisition of Adriatic Metals, paving the way for a scheme of arrangement expected to take effect on 3 September 2025. The transaction will result in Adriatic shares being cancelled and DPM’s listing on the ASX as a foreign exempt entity.