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Dynacor Provides Corporate Update Including Expansion Progress
Globenewswire· 2025-09-04 11:30
MONTREAL, Sept. 04, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) (“Dynacor” or the "Corporation") is pleased to provide a corporate update covering operations and progress on its expansion plan within West Africa and Latin America. Operational Update Following lifting of the road blockades in mid-July, ore supply to the mill resumed and operations are running at full capacity again. The Corporation is strongly focused on achieving its guidance by maximising its production and purchasing and rollin ...
Dynacor Group Declares September 2025 Dividend
Globenewswire· 2025-08-29 11:30
MONTREAL, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced its monthly dividend payment for September 2025 in the amount of C$0.01333 per common share which will be payable on September 18, 2025, to shareholders of record as of the close of business on September 11, 2025. This dividend represents the sixty-sixth (66th) dividend and fifty-sixth (56th) monthly dividend payment made to shareholders. The Corporation’s monthly dividend qualifies as an “el ...
Dynacor Signs Share Purchase Agreement to Acquire Processing Plant and Assets in Ecuador
Globenewswire· 2025-07-08 11:30
ACQUISITION TO MATERIALLY INCREASE NAMEPLATE PROCESSING CAPACITY POTENTIAL TO UNLOCK ADDITIONAL VALUE THROUGH OPTIMISATION AND EXPANSION OF PURCHASING NETWORK MONTREAL, July 08, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) (“Dynacor” or the "Corporation"), is pleased to announce it has signed a share purchase agreement to acquire Arkham Metals SAS (Ecuador) from Pelorus Minerals Limited, a wholly owned subsidiary of Arkham Metals Limited Australia. As previously announced, Dynacor will pay $9.75 m ...
Dynacor Group Reports Sales of US$26.1 Million in May 2025
Globenewswire· 2025-06-19 11:30
Core Viewpoint - Dynacor Group Inc. reported significant growth in gold sales for May 2025, with a year-to-date increase in sales compared to the previous year, driven by higher gold prices despite a decrease in sales volume due to planned maintenance [1][6][7]. Monthly Highlights - Gold sales in May 2025 reached $26.1 million (C$36.2 million), a 10.1% increase from $23.7 million (C$32.4 million) in May 2024 [6]. - The average selling price of gold in May 2025 was $3,293 per ounce, reflecting a 40.7% increase from $2,340 per ounce in May 2024 [6]. Year To Date Highlights - Cumulative gold sales for the year-to-date reached $128.9 million, up from $116.4 million in the same period of 2024, marking a 10.7% increase [7]. - The average selling price of gold for 2025 so far is $3,015 per ounce, a 38.4% increase from $2,178 per ounce in 2024 [7]. - The company is on track to meet its annual sales guidance of between $345 million and $375 million [7]. About Dynacor - Dynacor Group is an industrial ore processing company focused on gold production from artisanal miners, established in 1996 [4]. - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [4]. Additional Information - The premium paid for Dynacor's PX Impact® gold supports the Fidamar Foundation, which invests in health and education projects for artisanal mining communities in Peru [5].