Canadian miner Dundee Precious Metals has agreed to purchase UK-based Adriatic Metals for US$1.3 billion, adding the underground Vareš silver operation in Bosnia and Herzegovina to its portfolio. “Vareš is a logical fit with our portfolio, as it significantly increases DPM’s mine life while adding near-term production growth, a highly prospective land package, and cash flow diversification,” said David Rae,…
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Precious and base metals developer Adriatic Metals has appointed Laura Tyler as managing director and chief executive officer. Tyler has served as Interim CEO since 9 August. Full story.
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England-based precious and base metals developer Adriatic Metals has reported that a fatal accident occurred on 14 August near the rescue station at the Rupice mine in Bosnia and Herzegovina. An employee of a local subcontractor sustained fatal injuries after their vehicle overturned. No other individuals were seriously injured in the accident. “The local authorities are conducting an immediate review…
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