Workflow
PX Impact® gold
icon
Search documents
Dynacor Group Announces March 2026 Dividend
Globenewswire· 2026-02-24 17:24
MONTREAL, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced today that its Board of Directors has approved a monthly dividend of C$0.01333 per common share (C$0.16 annually) for March 2026. This will be payable on March 17, 2026, to shareholders of record as of the close of business on March 9, 2026. The Corporation’s monthly dividend qualifies as an “eligible dividend” for Canadian income tax purposes. The payment and increase of dividends are at the ...
Dynacor Group Announces February 2026 Dividend
Globenewswire· 2026-01-27 12:30
Core Viewpoint - Dynacor Group Inc. has announced a monthly dividend of C$0.01333 per common share for February 2026, reflecting the company's commitment to returning value to shareholders [1][2]. Group 1: Dividend Announcement - The Board of Directors approved a monthly dividend of C$0.01333 per common share, amounting to C$0.16 annually, payable on February 17, 2026, to shareholders of record as of February 9, 2026 [1]. - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments subject to the Board's discretion based on financial results and other relevant factors [2]. Group 2: Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996 [3]. - The company has developed a responsible mineral supply chain with strict traceability and audit standards, benefiting both governments and miners globally [3]. - Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [3]. Group 3: Social Responsibility - The premium paid by luxury jewellers for Dynacor's PX Impact® gold supports the Fidamar Foundation, which invests in health and education projects for artisanal mining communities in Peru [4].
Dynacor Group Announces February 2026 Dividend 
Globenewswire· 2026-01-27 12:30
Core Viewpoint - Dynacor Group Inc. has announced a monthly dividend of C$0.01333 per common share, amounting to C$0.16 annually, payable on February 17, 2026, to shareholders of record as of February 9, 2026 [1]. Group 1: Dividend Announcement - The Board of Directors approved a monthly dividend of C$0.01333 per common share for February 2026 [1]. - The dividend payment qualifies as an "eligible dividend" for Canadian income tax purposes [2]. - Future dividend payments and increases will depend on the Corporation's financial results and other relevant factors [2]. Group 2: Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners [3]. - The company has established a responsible mineral supply chain with strict traceability and audit standards [3]. - Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans to expand into West Africa and Latin America [3]. Group 3: Social Responsibility - 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 [4].
Dynacor Beats 2025 Sales and Production Guidance and Provides 2026 Outlook
Globenewswire· 2026-01-19 12:30
Core Insights - Dynacor Group Inc. reported strong preliminary operating results for Q4 and full-year 2025, with gold-equivalent production reaching 32,838 ounces in Q4-2025, contributing to record sales of $397.6 million for the year [2][7]. Q4 & Full-Year 2025 Highlights - The company exceeded its revised annual production guidance, achieving a total gold-equivalent production of 113,791 ounces for the year [7]. - The average price realized for gold sold was $3,494 per ounce [7]. - Q4-2025 production marked a 20% increase compared to Q4-2024, indicating improved operational efficiencies [7]. - Dynacor acquired the Svetlana plant in Ecuador, with initial production expected in Q4-2026, and advanced the Senegal pilot plant towards operational readiness [7]. 2026 Guidance - Sales are projected to be between $530 million and $580 million [5]. - Production is expected to range from 125,000 to 135,000 AuEq ounces, incorporating contributions from new plants in Senegal and Ecuador [6]. - Net income is forecasted to be between $22 million and $26 million [5]. - Capital expenditures are planned as follows: $6-8 million for sustaining capex in Peru, $4-5 million for Senegal, and $22-25 million for Ecuador [5]. Capital Expenditures - Sustaining capital expenditures in Peru are estimated at approximately $7 million, primarily for upgrading facilities [14]. - Capital investment in Ecuador includes $7 million deferred from 2025, focusing on the Svetlana plant upgrades [14]. - Senegal's capital expenditure will cover costs related to the pilot plant and mobile fleet acquisition [14]. Strategic Outlook - 2026 is positioned as a pivotal year for Dynacor, focusing on unlocking the potential of its diversification strategy through capital investments and increased capacity [3]. - The company aims to combine operational excellence with an ambitious expansion plan to enhance shareholder value [3].
Dynacor Group Announces January 2026 Dividend
Globenewswire· 2025-12-23 12:30
MONTREAL, Dec. 23, 2025 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced today that its Board of Directors has approved a monthly dividend of C$0.01333 per common share (C$0.16 annually) for January 2026. This will be payable on January 20, 2026, to shareholders of record as of the close of business on January 12, 2026. The maintenance of the dividend at its same current nominal level marks the beginning of Dynacor’s eighth consecutive year of dividend payouts to ...
Dynacor Group Announces January 2026 Dividend
Globenewswire· 2025-12-23 12:30
Core Viewpoint - Dynacor Group Inc. has announced a monthly dividend of C$0.01333 per common share for January 2026, marking the start of its eighth consecutive year of dividend payouts to shareholders [1][2]. Dividend Information - The approved monthly dividend translates to an annual dividend of C$0.16, payable on January 20, 2026, to shareholders of record as of January 12, 2026 [1]. - Since Q3-2018, Dynacor has declared a total of C$0.68 per share in dividends [2]. Tax and Financial Considerations - The monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes [3]. - Future payments and increases in dividends will depend on the Corporation's financial results, cash requirements, and other relevant factors as determined by the Board [3]. Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold sourced from artisanal miners, with a commitment to responsible mineral supply chains [4]. - The company operates the Veta Dorada plant and owns a gold exploration property in Peru, while also expanding into West Africa and Latin America [4]. Social Responsibility - 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].
Dynacor Group Declares December 2025 Dividend
Globenewswire· 2025-11-27 12:30
Core Viewpoint - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for December 2025, marking its 69th dividend and 59th monthly payment to shareholders [1][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 [3]. - Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru, with plans for expansion into West Africa and Latin America [3]. Dividend Information - The monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments subject to the Board's discretion based on financial results and other relevant factors [2].
Dynacor Group Declares December 2025 Dividend
Globenewswire· 2025-11-27 12:30
Core Points - Dynacor Group Inc. announced a monthly dividend payment of C$0.01333 per common share for December 2025, payable on December 19, 2025, to shareholders of record as of December 9, 2025, marking the sixty-ninth dividend and fifty-ninth monthly payment to shareholders [1][2] - The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, with future payments and increases at the discretion of the Board based on financial results and other relevant factors [2] Company Overview - Dynacor Group is an industrial ore processing company focused on producing gold from artisanal miners, established in 1996, and has developed a responsible mineral supply chain with strict traceability and audit standards [3] - 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 [3] Social Responsibility - The premium paid by luxury jewellers for Dynacor's PX Impact® gold is directed to the Fidamar Foundation, an NGO that invests in health and education projects for artisanal mining communities in Peru [4]
Dynacor Reports Record Sales and EBITDA in Q3-2025
Globenewswire· 2025-11-13 12:30
Core Viewpoint - Dynacor Group Inc. reported solid operational results for Q3-2025, achieving record quarterly EBITDA and strong sales driven by higher gold prices despite initial ore supply disruptions [2][5]. Q3-2025 Highlights - The company processed 39,479 tonnes of ore at an average of 429 tonnes per day, with production of 28,948 AuEq ounces, consistent with historical levels [5][7]. - Record sales reached $100.5 million, a 32% increase from $76.2 million in Q3-2024, attributed to higher gold prices [5][15]. - Gross margin was $11.7 million (11.7% of sales), compared to $10.3 million (13.6% of sales) in Q3-2024 [5][15]. - Record EBITDA of $9.0 million was reported, slightly up from $8.9 million in Q3-2024 [5][15]. - Net income was $5.5 million, down from $5.9 million in Q3-2024 [5][15]. 2025 Outlook - The company confirmed its revised guidance for 2025, expecting sales between $340-$350 million and net income between $14-$17 million [5][6]. - Production is projected to be between 105,000-110,000 AuEq ounces for the year [5][6]. Operational Developments - The acquisition of the Svetlana processing plant in Ecuador for $9.75 million was completed, with plans to upgrade its capacity to 300 tonnes per day [5][20]. - Construction of a 50-tpd pilot plant in Senegal is on schedule, with first ore processing expected in late Q1-2026 [5][20]. - The company continues to focus on shareholder returns, maintaining a monthly dividend of CA$0.16 per share [5][6]. Financial Overview - Total assets increased to $166.6 million as of September 30, 2025, up from $125.3 million at the end of 2024 [18][21]. - Cash at the end of the period was $36.9 million, compared to $19.8 million at the end of 2024 [20][21]. - The company recorded a net cash used in operating activities of $6.3 million for Q3-2025 [14][16]. Market Conditions - The average gold price rose from approximately $3,300/oz in August to $3,700/oz in September, positively impacting financial performance [15][10]. - Year-to-date, the gold price increased from approximately $2,700/oz in January to $3,700/oz in September, contributing to record sales [15][10]. Community Engagement - The company conducted a community participation session in September to inform the Svetlana host community about its environmental management plan [5][20]. Summary of Financial Performance - General and administrative expenses increased to $3.5 million in Q3-2025, primarily due to management expansion and reorganization costs [15][10]. - The effective tax rate is influenced by fluctuations in the Peruvian sol against the US dollar, affecting current and deferred tax liabilities [15][10].
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]