DUNDEE PRECIOUS METALS INC.
STATEMENT OF INVESTMENT PORTFOLIO
As at October 31, 2002 (expressed in thousands of Canadian dollars
except parvalue/share or unit amounts)
(unaudited)
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% of
Par value/ Market Port-
shares or units Cost Value folio
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CANADIAN EQUITIES AND CONVERTIBLES
100,000 Altius Minerals Corporation, $105 $120
Restricted
50,000 Altius Minerals Corporation,
Purchase Warrants, May 21 04 - 3
3,666,667 American Bonanza Gold Mining Corp.,
Restricted 550 477
3,666,667 American Bonanza Gold Mining Corp.,
Purchase Warrants, Oct. 18 04 - 37
500,000 Anatolia Minerals, Restricted 281 491
500,000 Anatolia Minerals,
Purchase Warrants, Feb. 27 03 - 140
2,500,000 Apollo Gold Corp., Restricted 3,168 5,125
625,000 Apollo Gold Corp.,
Warrants, Mar. 21 04 - 31
479,040 Argosy Minerals Inc. 2,002 50
3,327,945 Ariane Gold Corp. 2,324 2,030
1,033,333 Atikwa Minerals Limited,
Special Warrants 140 289
180,529 Banro Resource Corporation 2,502 542
8,264,700 Cambior Inc. 6,426 11,735
1,600,000 Campbell Res. Inc., Restricted 960 688
800,000 Campbell Res. Inc.,
Purchase Warrants, May 15 03 - 8
2,762,973 Case Resources Inc.* 950 1,824
500,000 Cumberland Resources Ltd.,
Purchase Warrants, Dec. 20 02 655 350
10,230,617 Diagem International Resource
Corp.* 1,362 1,740
2,125,000 Diagem International Resource Corp.,
Purchase Warrants, Mar. 20 04 - 21
750,000 Diagem International Resource
Corp., Warrants, Aug. 22 03 - 8
2,500,000 Eastmain Resource Inc., Restricted 750 825
1,250,000 Eastmain Resource Inc.,
Purchase Warrants, May 14 03 - 63
1,363,636 Eldorado Gold Corporation,
Warrants, Feb. 21 03 - 968
9,203,473 Eldorado Gold Corporation,
Special Warrants 4,220 13,897
533,030 European Goldfields Ltd. 837 1,093
2,425,000 FNX Mining Company Inc. 970 12,124
3,830,300 Gabriel Resources Ltd. 5,923 15,703
5,306,200 Golden Queen Mining Co. Ltd.* 3,695 2,520
800,000 Greystar Resources Ltd. 1,000 896
2,000,000 Greystar Resources Ltd.,
Purchase Warrants, Jun. 11 03 - 20
625,690 Kinross Gold Corporation 3,872 1,621
1,100,000 Manhattan Minerals Corp. 990 374
550,000 Manhattan Minerals Corp.,
Warrants, Sep. 18 03 - 6
900 Manhattan Minerals Corp., Units 900 900
2,400,000 Major Drilling Group
International Inc. 8,441 6,720
400,000 Metallic Ventures, Class A
Preferred Shares 1,519 1,560
700,000 Metallica Resources Inc.,
Restricted 1,260 840
350,000 Metallica Resources Inc.,
Purchase Warrants, Apr. 16 03 - 4
13,216,113 Miramar Mining Corporation** 21,169 15,726
1,171,139 Miramar Mining Corporation,
Warrants** - 12
2,698,413 Northgate Exploration Ltd. 4,838 3,481
99,207 Northgate Exploration Ltd.,
Purchase Warrants, Dec. 28 06 - 33
833,333 Northgate Exploration Ltd.,
Warrants 538 275
130,000 Opti Canada, Class A Common Shares,
Restricted 1,885 1,885
7,827,258 Pacific Rim Mining Corporation 7,859 4,696
500,000 Placer Dome Inc. 6,757 6,825
3,000,000 Quest Ventures Ltd., participating
secured loan agreement,
Dec. 15 02 3,000 3,380
368,421 Ranchgate Oil and Gas,
Special Warrants 350 350
2,000,000 Rio Narcea Gold Mines Ltd. 3,120 2,960
4,000,000 Rio Narcea Gold Mines Ltd.,
Special Warrants, Mar. 22 03 3,200 6,512
11,942,916 Tahera Corporation 1,605 1,672
3,800,000 Tahera Corporation, Warrants,
Aug. 29 04 - 190
2,817,000 Tahera Corporation, 8.00%,
Convertible, Aug. 04 04 2,817 3,155
937,500 TecnoPetrol Inc., Restricted 150 427
468,750 TecnoPetrol Inc., Warrants Apr. 9 04 - 101
100,000 Tempest Energy Corp., Restricted 400 395
1,200,000 Titanium Corporation Inc. 2,246 2,939
800,000 Titanium Corporation Inc.,
Escrow Shares 984 1,666
869,329 Twin Mining Corporation 468 304
1,222,033 Verena Minerals Corporation 896 92
400,000 Verena Minerals Corporation,
Warrants, Jan. 30 03 - 4
2,000,000 Wheaton River Minerals Ltd. 2,300 1,940
978,500 Wheaton River Minerals Ltd.,
Warrants, May 30 07 - 411
1,825,000 Wolfden Resources Inc. 2,573 1,369
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122,957 146,643 88.0%
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AUSTRALIAN EQUITIES
6,549,282 East African Gold Mines Limited 7,180 7,357
3,957,016 Revesco Group Ltd. 316 281
3,957,016 Revesco Group Ltd.,
Purchase Options, Nov. 11 11 117 123
3,129,063 Red Back Mining NL 963 786
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8,576 8,547 5.1%
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LATIN AMERICAN EQUITIES
332,530 Buenaventura Ciap de Minas S.A.,
Sponsored ADR, Series "B" 1,891 11,543
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1,891 11,543 6.9%
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$133,424 $166,733 100.0%
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