Dynacor Group Inc.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Jean E. Martineau
- Full Time Employees
- 575
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 625 RenE-LEvesque Blvd West Montreal QC Canada H3B 1R2
- IPO Date
- Apr 26, 2010
- Website
- dynacor.com
- Similar Companies
- Business
- Dynacor Group Inc. (TSX: DNG; OTC: DNGDF) is a dividend-paying industrial gold ore processor headquartered in Montreal, Canada, and founded in 1996, that produces gold and equivalent metals from ore purchased from artisanal and small-scale miners (ASM) through government-approved processing operations; it operates the Veta Dorada carbon-in-leach (CIL) plant in Peru with a capacity exceeding 400 tonnes per day (tpd), processes gold, silver, copper and other precious metal-bearing ores, and maintains exploration properties including the flagship Tumipampa gold project covering 4,000 hectares in Peru's Circa District and the Anta property; the company pioneered the PX Impact® program, a responsible supply chain certification with full traceability that commands a premium reinvested via the Fidamar Foundation into health, education and social projects for ASM communities, generating revenue primarily from sales of refined precious metals to jewelers, luxury brands and investors worldwide. Dynacor focuses on Peru as its core market while advancing a 2030 international expansion plan targeting over $1 billion in annual sales and 500,000 gold equivalent ounces through multi-asset processing in Latin America and West Africa; it employs approximately 575 people and serves government-regulated ASM sectors with stringent environmental, health and safety standards, including 8,000+ hours of annual training. Recent developments include signing a share purchase agreement in July 2025 to acquire the permitted 1,500 tpd Svetlana carbon-in-pulp (CIP) processing plant and assets in Ecuador's El Oro province for $9.75 million in cash, with plans to invest up to $25 million total for upgrades and ramp-up to 300 tpd by 2026, funded by a $22.1 million equity raise; in Q2 2025, it signed a 12-month MOU for a joint venture in Ghana with Ansong Askew Ltd. to establish a traceable gold processing operation, and progressed a 50 tpd pilot plant in Senegal with equipment orders and site preparation ongoing into late 2025; the company changed its name from Dynacor Gold Mines Inc. to Dynacor Group Inc. in June 2022 to reflect its evolving multi-jurisdictional strategy, reported Q2 2025 sales of $79.7 million and updated 2025 guidance to 105-110,000 AuEq ounces amid Peruvian supply disruptions, and maintains strong liquidity with $58.4 million in cash and short-term investments as of June 30, 2025.
Dynacor's Largest Shareholder Mails Dissident Circular, Urges Votes on the BLUE Proxy to Save Dynacor
Dynacor Sets the Record Straight Ahead of June 19, 2026 Annual Meeting of Shareholders
Dynacor Group Announces June 2026 Dividend
It's Time to Set Things Right at Dynacor and Ensure the Viability and Success of the Company
Dynacor Group Announces Changes to Board of Directors
Dynacor Reports Record Quarterly Results for Q1-2026
Dynacor Group Receives TSX Approval To Renew Normal Course Issuer Bid
Dynacor Group Announces May 2026 Dividend
Dynacor Provides Expansion and Corporate Update
Dynacor Group Announces CEO Transition
Dynacor: Strong Fourth Quarter Caps Record Financial Performance and Expanded Growth Pipeline in 2025
Dynacor Group Announces April 2026 Dividend
Dynacor Provides Expansion Update Including Steady Progress in Senegal and Ecuador
Dynacor Group Announces March 2026 Dividend
Dynacor Group Announces February 2026 Dividend
Dynacor Beats 2025 Sales and Production Guidance and Provides 2026 Outlook
Dynacor Group Announces January 2026 Dividend
Dynacor Group Declares December 2025 Dividend
Record Revenue Masks Deepening Core Issues and Alarming Lack of Transparency — iolite: Dynacor Urgently Needs New Leadership
Dynacor Begins Plant Shipments to Senegal; Continues Ecuador Integration