Dundee reports Q3 gold and copper production increase

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Dundee reports Q3 gold and copper production increase
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Gold and copper production are up YoY

Both gold and copper production are up year-on-year by 16% and 4%, respectively. "In the third quarter, we continued our strong operating track record, with Ada Tepe achieving a new record for quarterly gold production and Chelopech delivering solid production in line with our expectations," chief executive David Rae said. "We continue to be well-positioned to achieve our 2023 guidance targets for gold and copper production.

The Tsuneb smelter in Namibia processed approximately 21.8Kt of complex concentrate, down significantly compared to the same quarter in 2022 due to planned maintenance shutdown of the Ausmelt furnace. The maintenance work was completed, and Tsumeb resumed full production towards the end of September.

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