- CEO
- Laura Tyler
- Full Time Employees
- 549
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- Regent House Cheltenham United Kingdom GL50 1HX
- IPO Date
- May 26, 2021
- Business
- Adriatic Metals PLC, a precious and base metals exploration and development company incorporated in 2017 and headquartered in Cheltenham, United Kingdom, focuses on advancing high-grade polymetallic projects; it primarily explores and produces silver, zinc, lead, gold, copper, and barite deposits through its flagship 100%-owned Vareš Silver Project, a producing underground silver-lead-zinc-gold mine covering approximately 50 square kilometers in Bosnia and Herzegovina, and the Raska Project in Serbia. The company operates concentrate production facilities at Vareš, targeting critical metals for global markets with a workforce of around 500 employees serving base and precious metals sectors. Geographically, Adriatic Metals maintains primary activities in the Balkans region of Europe. In a major strategic development, Dundee Precious Metals Inc. completed its acquisition of 100% of Adriatic Metals' issued share capital on September 3, 2025, via a court-sanctioned scheme of arrangement valued at approximately $1.9 billion, integrating the Vareš operation into DPM's portfolio of mining assets in Bulgaria, Serbia, Ecuador, and Bosnia and Herzegovina; post-acquisition, DPM plans to rebrand as DPM Metals Inc. effective September 12, 2025, and list on the ASX under ticker DPM starting September 17, 2025, enhancing liquidity and growth through optimized underground mining expertise.