MONTREAL, April 17, 2018 -- Dynacor Gold Mines Inc. is pleased to announce that the Toronto Stock Exchange has approved the Corporation's request to establish a normal course issuer bid share buyback program, through which Dynacor may purchase, for cancellation, up to 1,982,717 or approximately 5% of its outstanding common shares as of April 10 [...]
Dynacor Gold Mines Inc. a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its audited consolidated financial statements and the management's discussion and analysis for the year ended December 31, 2017. These documents have been filed electronically with SEDAR at www.sedar.com and will be [...]
Dynacor Gold Mines Inc. is pleased to report its February 2018 gold production. In February, the Corporation produced 6,636 ounces of gold at its Veta Dorada plant located in Chala, Peru surpassing the previous month of production by 19.4% , see Figure 1, below. This monthly production is similar to the February 2017 production of 6,733 ounces [...]
Dynacor Gold Mines Inc. is pleased to report it has produced 5,560 ounces of gold in January 2018 at its Veta Dorada plant in Peru. This production represents an increase of 6.8% compared to January 2017. Notably, the volume of ore processed increased substantially compared to January 2017. Total tons processed reached 6,732 DMT compared to 5,303 [...]
Dynacor Gold Mines is pleased to report that it has received community approval to drill test the disseminated zone of its flagship gold project, Tumipampa. Dynacor will now apply for the exploration permit from the Ministry of Energy and Mines. The Corporation is preparing a drilling campaign of the high priority targets immediately after the [...]
Editors Note: There are two graphics associated with this press release. Dynacor Gold Mines Inc. is pleased to announce the Corporation's gold ore processing facility in Chala has been running at its full capacity of 300 tpd since the 25th of November. Gold production in the month of December reached an all-time record high of 8,908 oz. In 2017 [...]
Dynacor Gold Mines Inc. is pleased to announce the Corporation is now debt free. The final payments, on its long-term senior secured credit facilities, amounting to $1.9 million were done in the last week of December 2017. During the last five months of 2017, Dynacor has made aggregate payments of $6.3 million due to the robust free cash flow [...]
Note to Editors: There is a figure associated with this press release. Dynacor Gold Mines Inc. is pleased to report that it produced 7,253 oz of gold in the month of November 2017. Although this is less than the all-time record gold production achieved in October , it is the 2nd best monthly production level in 2017, and represents an increase of [...]
Dynacor Gold Mines Inc. is pleased to announce that it has made an additional $1.5 million partial prepayment on its outstanding long-term senior secured credit facilities. During the last 5 months Dynacor has made aggregate payments of $4.4 million reducing the outstanding debt balance to $1.9 million. Despite the fact that the principal is due [...]
Editors Note: There are two graphics associated with this press release. Dynacor Gold Mines Inc. is pleased to announce that gold production in October reached an all-time monthly record of 7,905 oz. Furthermore, ore purchases in October also increased significantly to reach 8,546 metric tonnes, also an all-time record. As shown in Figure 1 below [...]
Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its unaudited condensed consolidated financial statements and the management's discussion and analysis ("MD&A") for the three-month and nine-month periods ended [...]
Editors Note: There is a graphic associated with this press release. Dynacor Gold Mines Inc. is pleased to report that its 3rd quarter gold production reached 20,521 oz . This represents an increase of 2,336 ounces of gold , as compared to Q2-2017 . Monthly gold production also increased steadily from 6,287 oz in July to reach 7,192 oz in September [...]