Dynacor Provides Expansion Update Including Steady Progress in Senegal and Ecuador
Globenewswire·2026-03-11 11:30

Core Viewpoint - Dynacor Group Inc. is progressing on construction and upgrade activities at its Senegal and Ecuador plants, with both plants expected to process first ore in 2026 [1] Group 1: Senegal Operations - Site work and shipments in Senegal are on schedule for first ore processing in Q2-2026 [5] - Deliveries of modular plant components, including the Merrill Crowe circuit, jaw crusher, leaching tanks, offices, and laboratory, have been made, with all remaining equipment either in Dakar or in transit [5] - Community initiatives in Senegal include a partnership with a local technical school to create internship opportunities, road upgrades, and donations of school supplies [5] Group 2: Ecuador Operations - Integration of the Svetlana plant in Ecuador is ongoing, with the Engineering, Procurement and Construction Management (EPCM) contract awarded for tailing pond upgrades [5] - Recruitment of key personnel for the subsidiary named Sumacor-EC has begun, with initial operational hires already on site [5] - Dynacor is committed to responsible milling by repurposing on-site waste through authorized recycling companies and supporting local communities with employment and training initiatives [5] Group 3: Ghana Operations - Discussions with Ghana's GoldBod regarding Dynacor's operational proposal are advancing, with optimism for a long-term agreement that benefits all stakeholders [4][5] Group 4: Corporate Overview - Dynacor Group is dedicated to producing gold from artisanal miners and has established a responsible mineral supply chain since its inception in 1996 [6] - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, while expanding its operations in West Africa and Latin America [7]

Dynacor Provides Expansion Update Including Steady Progress in Senegal and Ecuador - Reportify