DPM Metals (ASX:DPM) reported preliminary production of 97,000 gold equivalent ounces contained in concentrate for the third quarter, while sold payable metals in concentrate totaled 77,000 gold equivalent ounces during the quarter, according to a Friday filing with the Australian bourse.
The company produced 102,000 gold equivalent ounces of metals contained in concentrate during the previous quarter and sold 87,000 payable gold equivalent ounces in concentrate, an earlier filing showed.
The company said it repurchased 1.9 million common shares at an average price of $40.23 per share for a total cost of about $74.8 million in the third quarter under its normal course issuer bid.
The company now expects to achieve the upper end of its annual gold-equivalent production guidance.
The company expects gold-equivalent production of 305,000 to 365,000 ounces in 2026, with all-in sustaining costs projected at $1,300 to $1,450 per ounce sold, a separate filing showed.