Martin Endjala Dundee Precious Metals (DPM) has announced that it has entered into a definitive share purchase agreement for the sale of its Tsumeb Smelter in Namibia for N$910 million to a Chinese company, the Sinomine Resource Group. The sale includes all its associated assets and liabilities, through the disposition of all of the issued...
November 5, 2024
Tag: Precious
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Dundee Precious Metals sells Tsumeb Smelter for N$908 million to Chinese miner – Business Express
Dundee Precious Metals has announced that it has entered into a definitive share purchase agreement with a subsidiary of Sinomine Resource Group Co. Ltd., for the sale of its interest in the Tsumeb smelter located in Namibia, including all associated assets and liabilities, through the disposition of all of the issued and outstanding shares it...
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Dundee Precious Metals will not submit counter offer for Osino’s Namibia asset – Business Express
…set to receive N$140 million termination fee Dundee Precious Metals Inc. has said that they will not submit a revised offer in response to superior proposal notice from Osino resources. The miner said today it acknowledged receipt of notice from Osino Resources Corp. that a foreign-based mining company has made a binding proposal to acquire...
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Dundee Precious Metals considers sale of Tsumeb Smelter
Dundee Precious Metals Inc. (DPM) has announced that it is considering a possible sale of its Tsumeb smelter, as the Namibian business is no longer seen as strategic to DPM’s asset portfolio. The miner’s decision comes as the Namibia-based smelter will no longer be expected to process any concentrate from DPM’s Chelopech mine in Bulgaria,...
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Namibia: Geingob a Precious Gift to Namibia and the World – Shifeta
Minister of environment, forestry and tourism Pohamba Shifeta has described president Hage Geingob as “a precious gift, not only to Namibia, but to the world at large”. Shifeta was speaking at a memorial service held in honour of Geingob in Windhoek on Wednesday evening. “Geingob was an extraordinary man,” he said. Shifeta said Geingob had...
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Geingob a precious gift to Namibia and the world – Shifeta
MINISTER of environment, forestry and tourism Pohamba Shifeta has described president Hage Geingob as “a precious gift, not only to Namibia, but to the world at large”. Shifeta was speaking at a memorial service held in honour of Geingob in Windhoek on Wednesday evening. “Geingob was an extraordinary man,” he said. Shifeta said Geingob had...
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Dundee Precious Metals announces acquisition of Osino’s Twin Hills gold play
The parent company of Dundee Precious Metals Tsumeb, the Toronto Stock Exchange listed Dundee Precious Metals Inc announced this week its intention to acquire the full shareholding of Osino Resources Corporation, also listed in Toronto. Dundee Precious Metals is the owner of the smelter in Tsumeb as well as several gold projects in eastern Europe....
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Dundee Precious Metals acquires Osino Resources for N$4b, bolstering gold exploration portfolio – Business Express
Dundee Precious Metals acquires Osino Resources for N$4b, bolstering gold exploration portfolio – Business Express Skip to content Facebook Twitter LinkedIn Source link
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Dundee Precious Metals acquires Osino Resources Corporation
Dundee Precious Metals is set to contribute about N$9 billion in taxes and royalties over the mine’s 13 licence acquisitions. The management of Dundee made the announcement during a courtesy visit to President Hage Geingob at the State House. Dundee Precious Metals made the announcement after acquiring Osino Resources Corporation, owners of the Twin Hills...