Dynacor Group Announces Reorganisation of Peruvian Subsidiary

Core Insights - Dynacor Group Inc. is restructuring its Peruvian subsidiary, Veta Dorada, to align with its international expansion goals [1][2] - The restructuring aims to enhance management capacity and internal processes, following an external human resources appraisal [2][3] - Dynacor emphasizes adherence to its Code of Conduct and is taking steps to ensure corporate integrity through external reviews [3] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, with a commitment to responsible mineral supply chains [5] - Since its inception in 1996, Dynacor has experienced significant growth, including a tenfold increase in operational capacity and a thirty-fivefold increase in personnel [2] - The company operates the Veta Dorada plant and is planning expansions into West Africa and Latin America [5] Organizational Changes - The restructuring at Veta Dorada includes recruiting management with international experience, creating new positions, and adjusting existing roles [4] - The changes are part of a broader strategy to transition into a multi-asset gold processor and to instill a corporate culture based on clear values and enhanced communication [4] - The management team in Canada is being strengthened in preparation for international expansion [4]