TSX: DPM C$ Gold: US$/oz.

Community Partnership

The Power of Partnership

Launching the first greenfield mining project in 40 years was an exciting event for Dundee and the mining community in Bulgaria. The onset of construction invigorated the town of Krumovgrad and stimulated the local economy. At the same time, the effect of Dundee's social policy has become more tangible. The company began actively investing in the community following signing of the Memorandum of Understanding with the local authorities in 2015.

The primary goal is to improve living conditions and promote sustainable development of the municipality through investment in healthcare, education and training, culture and sports, environment and infrastructure. To this date the company has invested over BGN 3 million in local community projects. Its efforts have been recognized with several awards for support of the Krumovgrad municipality, including Investor in Krumovgrad, Employer of the Year, and Social Policy for Small and Medium Businesses Award.

The Annual Community Investment Agreement has had a very favourable effect on the local community.

Chorbadzhiisko-Tokachka Road Rehab Project

Funds from the annual donation were used to rehabilitate a section of road connecting the municipalities of Kirkovo and Krumovgrad, making travel to school safer for more than 120 school kids.

Krumovgrad Hospital Energy Efficiency Project

Striving to ensure quality medical services and healthcare, Dundee Precious Metals has provided financial assistance to improve the conditions for the medical staff and patient experience at the municipal hospital. This includes a new roof and insulation which has also improved the energy efficiency of the building. The energy efficiency improvements can already be felt as the hospital is saving money on its heating bills. The equipment in the hospital is gradually being modernized.

Sports and Free Time Project

Dundee Precious Metals Krumovgrad funded the construction of a new playground and sports field in the local neighbourhood of the Izgrev residential area, leading to the neighbourhood starting their own football team.

Investing in our people

Our people are at the core of all that we do. The structure, motivation and organization of our employees is supported by the work of our HR team that is perceived as a business partner by the managers of the company's functional units. The modern mining equipment that we have commissioned requires relevant knowledge and skills. We invest in our employees through our in-house programs for training and development of leadership skills, as well as professional and technical skills.

While still in the period of construction in 2017 we launched a community training program in cooperation with the Vocational High School of Transport "Hristo Smirnenski". The program was fully developed to learning and/or refreshing skills in the field of mechanical maintenance. About 60 local residents passed the training, many of whom are now part of the team of Dundee Precious Metals Ada Tepe mine.

The Story of Darina Mahmoud, Mechanical Fitter at Ada Tepe

The Basic Mechanical Maintenance Training Program was developed to provide knowledge and skills in mechanical maintenance. Although completing the course did not guarantee employment at DPM, the training was an opportunity for people to develop skills in operating modern equipment with a focus on safety, which is one of our core values.

Darina took the course while on maternity leave. She tried her hand at drilling, welding and other new skills. Although she initially was hesitant because these were new experiences and not typical for women in the region, she persisted in her training. However she faced the challenges head on and is now part of our maintenance team at Krumovgrad. "If you are able to do the tasks, why not be a woman in maintenance? I hope other women will give it a try. They might be surprised how much they like it!"

Stock Quote: TSE

Price 7.30

Change +0.38

Volume 616,806

% Change +5.49%

Intraday High 7.34

52 Week High 7.54

Intraday Low 6.87

52 Week Low 3.20

Today's Open 6.94

Previous Close 6.92

06/04/2020 04:20 PM ET Pricing delayed 20 minutes
: 1,705.39 ?-8.99


Back to top