Adriatic Metals, a UK-listed precious metals mining company, is in early-stage takeover discussions with Canadian mining firm Dundee Precious Metals. The potential acquisition deal is valued at approximately $935 million. Under UK takeover regulations, Dundee Precious Metals has until June 17 to either make a formal offer or withdraw from negotiations. Both companies are recognized for their operations in gold, silver, and zinc mining, with Dundee Precious Metals poised to become a mid-tier gold and silver producer if the merger proceeds. Investors have noted the growth potential of Adriatic Metals, particularly as a rare silver producer, though some express caution about selling without a significant premium on the current share price. Additionally, Dundee Precious Metals' currency is reportedly appreciating amid the talks.