
Dundee Precious Metals has secured UK court approval to close its $1.25B takeover of Adriatic Metals, adding the Vareš silver-zinc mine in Bosnia to its portfolio.
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Dundee Precious Metals shareholders have overwhelmingly approved the acquisition of Adriatic Metals and a proposed name change to DPM Metals Inc., with both measures receiving over 99.7% support at a special meeting.
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Adriatic Metals increased Q2 silver and gold production but cut its annual forecast ahead of its $1.25 billion acquisition by Dundee Precious Metals.
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