Dynacor Gold Mines Inc. is pleased to provide a construction progress update on its plant capacity increase at Chala. The new plant expansion, which is on schedule, will enable a 43% nameplate increase in ore processing capacity, improve cost efficiencies, increase production, create jobs and elevate Dynacor as Peru's largest ASM gold ore purchaser [...]
Dynacor Gold Mines Inc. is pleased to announce that the Toronto Stock Exchange has approved the Corporation's request to renew a normal course issuer bid program, through which Dynacor may purchase, for cancellation, up to 3,111,165 common shares or approximately 10% of the public float. Dynacor is in a financially strong position to continue to [...]
Dynacor Gold Mines Inc. announced its fourth monthly dividend. The declaration of a dividend payment of C$0.005 per common share will be payable on May 17, 2021, to shareholders of record as of the close of business on May 7, 2021. This dividend represents the fourteenth dividend and fourth monthly payment made to shareholders. The Corporation's [...]
Dynacor Gold Mines Inc. today announced first-quarter sales of US$40.9 million 1, compared to US$30.9 million in the first quarter of 2020, a 32.4% increase. In March 2021, the Corporation had sales of US$12.9 million compared to US$9.0 million in March 2020, a 43.3% increase. The average selling price of gold in March 2021 was US$1,725 per oz. The [...]
Dynacor Gold Mines Inc. is pleased to announce the appointment of Rocio Rodriguez-Perrot, former French Foreign Trade Advisor - Peru section and lawyer to its Board of Directors effective immediately. "We are very pleased to see Rocio join Dynacor's Board of Directors," states Jean Martineau, President and CEO of Dynacor. "Rocio is an accomplished [...]
Dynacor Gold Mines Inc. released its audited annual consolidated financial statements and the management's discussion and analysis for the year ended December 31, 2020. These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com. . 2020 OVERVIEW AND HIGHLIGHTS [...]
Dynacor Gold Mines Inc. announced its third monthly dividend. The declaration of a dividend payment of C$0.005 per common share will be payable on April 19, 2021, to shareholders of record as of the close of business on April 8, 2021. This dividend represents the thirteenth dividend and third monthly payment made to shareholders. The Corporation's [...]
Dynacor Gold Mines Inc. today announced a US$1.8 million investment through internally generated cash flow to expand its Veta Dorada ore processing plant capacity by 43% in Chala, Peru. The expansion already underway will enable Dynacor to process 430 tonnes per day from its current nameplate 300 TPD capacity, a 43% increase. The Corporation has [...]
Dynacor Gold Mines Inc. , an international gold ore industrial corporation servicing ASMs , today announced US$11.9 million in sales for February 2021 compared to US$5.8 million in February 2020, a 105% increase. Following the Corporation's January purchase record of 9,931 tonnes, the ore purchase level continues to rise with over 11,248 tonnes [...]
Dynacor Gold Mines Inc. announced its second monthly dividend. The declaration of a dividend payment of C$0.005 per common share will be payable on March 17, 2021, to shareholders of record as of the close of business on March 8, 2021. This dividend represents the twelfth dividend and second monthly payment made to shareholders. The Corporation's [...]
Dynacor Gold Mines Inc. today announced US$16.1 million in sales for January 2021. Dynacor's January gold ore purchases increased by 39.2% year over year to a total of 9,931 tonnes. The strong monthly sales are due to the Corporation purchasing and processing a best-ever January total of gold ore combined with a modest rise in the average grade and [...]
Dynacor Gold Mines Inc. provides the 2021 financial and capital expenditure guidance. 2021 Financial Forecast: Total sales of US$150 million; Net income of US$6.9 million; Cash flow from operating activities of US$10.4 million; Capital budget of US$6.3 million Dynacor forecasts gold and silver sales of US$150 million for 2021 which would represent [...]