Dundee Precious Metals Inc. announced the appointment of Iliya Garkov as Executive Vice President and Chief Operating Officer. Iliya Garkov has over three decades of international mining experience in Bulgaria, Australia and Armenia, and first joined DPM in 2003 when the Company acquired its assets in Bulgaria. During this time, he has held a number of leadership roles within the Company, most recently as Senior Vice President, European Operations.

He was a key contributor to the transformation of the Chelopech mine into a world-class mining operation and the successful commissioning and ramp-up of the Ada Tepe mine and has led the Company?s exploration activities in Bulgaria and Serbia. Mr. Garkov has a PhD in mining engineering from the University of Mining and Geology St. Ivan Rilski in Bulgaria and is a graduate of the London Business School Senior Executive Programme.

The company also announced that Michael Dorfman, Executive Vice-President, Corporate Development, will be leaving the company at the end of March 2024 to pursue new opportunities. A search process has been initiated for a suitable replacement.