September 30 (SeeNews) - Canada's Dundee Precious Metals (DPM) said that it has successfully completed ramp-up activities at its Krumovgrad open pit gold mine, located at the Ada Tepe property in southern Bulgaria, and the mine has now been operating at the full design tonnage for 10 days straight.
"We are extremely excited to see the operation achieve and sustain design tonnages and recoveries in September as expected," Rick Howes, DPM's president and CEO, said in a statement on Friday.
The mine is expected to produce between 45,000 and 60,000 ounces of gold contained in concentrate in 2019.
In August, DPM completed the construction of the larger integrated mine waste facility cells. The company also commenced the construction of additional cells, which will provide further flexibility going forward.
During the most recent ramp-up period in September, the mill was able to process higher grades that were stockpiled during commissioning, helping to offset the lower throughput while the additional cells were being constructed.
DPM also operates the Chelopech gold and copper mine in central Bulgaria.