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2026-11-06

← DPM management

Full background report

Iliya Garkov

Executive Vice President and COO

Career chronology

  • Issuer-reported role; COO since 2024; earlier senior roles at Chelopech and European operations, with reported contributions to Ada Tepe commissioning.: DPM Metals Inc. — Executive Vice President and COO. Management Team (Iliya Garkov biography)

Education and qualifications

Reported qualifications

As reported by issuer · issuer reported · low materiality

PhD mining engineering, University of Mining and Geology, Sofia; issuer reports London Business School executive programme. Credentials were not independently verified with the institutions or professional registers.

Attribution: Responsibility not applicable. Issuer-reported qualifications, not independently verified.

Relevance: Experience and credentials relevant to the role.

Management Team (Named management biography)

Contributions and company outcomes

2025 production and financial results

2025 · issuer reported · medium materiality

DPM reported 244,979 ounces of gold, 30 million pounds of copper, and US$492 million operating cash flow from continuing operations in 2025. These are corporate outcomes and commodity prices also affect financial results.

Attribution: Role overlaps event; causation unproven. The company result occurred during this executive role; an individual causal contribution is not isolated.

Relevance: Operational and financial delivery.

2025 Annual Report (pp. 3–4: performance highlights)

Environmental record

Vareš blood-lead concerns

2025–2026 · disputed · high materiality

Reuters reported lead detection among residents and a complaint by environmental groups after DPM acquired the Vareš operation. The company said it was cooperating with authorities; in October 2026 the municipality and health centre said testing had not established a specific source or causal link to a particular industry.

Attribution: Role overlaps event; causation unproven. Garkov’s operations remit includes Vareš; detected exposure does not establish mine causation or his personal responsibility.

Relevance: Material health and environmental oversight context.

Blood lead testing and company comments (Reuters report and company statement); Vareš health-centre and municipality update (23 October institutional update); 2026 Management Information Circular (p. 111: COO accountabilities)

Suitability for the current role

Relevant career and role

Dated and undated issuer biographies through 2026 · analyst inference · medium materiality

COO since 2024; earlier senior roles at Chelopech and European operations, with reported contributions to Ada Tepe commissioning.

Attribution: Responsibility not applicable. Issuer biography and dated roster; experience does not by itself prove individual contribution.

Relevance: Context for role fit.

2025 Annual Report (Iliya Garkov officer listing on p. 133); Management Team (Named management biography)

Evidence gaps

  • Independent verification of reported qualifications and professional memberships was not completed.

  • Prior-employer outcomes and dates, and role-specific responsibility, remain incompletely corroborated.

  • Targeted local-language regulator, court and historical incident searches are incomplete; this screening is not a clearance.