Toronto-based Dundee Precious Metals (DPM) expects to start construction of its 85 700 oz/y Krumovgrad gold project, located in southern Bulgaria, as early as the third quarter, the company said on Monday.
In its latest project update, the TSX-listed miner reported a $14.2-million increase in capital expenditures at $178.2-million for the project, citing higher levels of definition resulting from the substantial completion of detailed engineering during the first quarter and detailed operational readiness planning.
