Dynacor Begins Plant Shipments to Senegal; Continues Ecuador Integration
Globenewswire·2025-10-30 11:30

Core Insights - Dynacor Group Inc. is expanding its operations in West Africa and Latin America, aiming to generate over US$1 billion in sales by 2030, representing a more than 250% increase from 2024 sales [1] Recent Progress - Senegal: Construction of a 50-tpd pilot plant is on schedule, with initial shipments expected mid-November and ongoing site works including access road and plant area clearing [2] - Ecuador: Integration of the subsidiary is progressing in three areas: corporate structure, operational refurbishment, and stakeholder engagement. Key actions include changing the company name, avoiding Foreign Exchange Outflow Tax, and community engagement regarding environmental management [2] - Ghana: Formal proposals are being prepared to classify Dynacor's operations correctly within the legal and fiscal framework of the country [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996. The company emphasizes a responsible mineral supply chain with strict traceability and audit standards [5]