Dynacor Group Inc
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Daniel Misiano
- Full Time Employees
- 594
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- 606 Cathcart Montréal QC Canada H3B 1K9
- IPO Date
- Oct 25, 2007
- Website
- dynacor.com
- Similar Companies
- Business
- Dynacor Group Inc. (TSX: DNG) is a Canada-based industrial gold ore processing company dedicated to producing gold and silver sourced from artisanal and small-scale miners through its permitted Veta Dorada plant in Chala, Peru; it also engages in the exploration and development of precious metal properties, including its flagship Tumipampa gold-copper-silver exploration project spanning 4,000 hectares in southern Peru and the Anta silver-gold-copper exploration property. Founded in 1996 and headquartered at 606 Cathcart Street in Montreal, Quebec, the company pioneered a responsible mineral supply chain with stringent traceability and audit standards under its PX IMPACT gold program, which directs premiums from luxury jewelers and investors toward health and education projects in Peruvian mining communities; it targets fully or partially formalized artisanal miners, providing liquidity and market access while operating primarily in Peru with 575 employees. Dynacor purchases high-grade ore from registered small-scale miners, processes it at an average rate of up to 500 tonnes per day to yield gold equivalent ounces for sale on international markets, and maintains gold trading activities to support its supply chain. In June 2022, the company rebranded from Dynacor Gold Mines Inc. to Dynacor Group Inc. to reflect its diversification beyond Peru; recent strategic expansions include signing a 12-month joint venture MOU with Ghana's Ansong Askew Ltd. in 2025 for traceable gold processing, advancing a 50-tonne-per-day pilot plant in Senegal with equipment orders and construction progress, and completing due diligence followed by a July 2025 share purchase agreement to acquire Ecuador's permitted 1,500-tonne-per-day Svetlana processing plant and assets from Pelorus Minerals Ltd. for $9.75 million in cash, marking its entry into a second Latin American country as part of a 2030 goal to reach $1 billion in annual sales. For Q2 2025, Dynacor reported sales of $79.7 million, production of 24,955 gold equivalent ounces from 38,152 tonnes processed, net income of $3.5 million, and strong liquidity with $58.4 million in cash and short-term investments, while maintaining a monthly dividend of CA$0.0133 per share.
Company News
Dynacor Reports First Gold from Senegal
Dynacor poursuit ses projets d’expansion, la réfection de l’usine en Équateur est achevée à 65 %
Dynacor Advances Expansion Projects, Ecuador Plant Rehabilitation 65% Complete
Dynacor Group Announces October 2026 Dividend
Groupe Dynacor déclare son dividende pour septembre 2026
Dynacor Group Announces September 2026 Dividend
Dynacor Reports Q2-2026 Results and Updates on Tax Contingencies
Dynacor Group Announces August 2026 Dividend
Dynacor Commences Processing First Ore at Pilot Plant in Senegal
Dynacor Board of Directors Elects Réjean Gourde as Chair; Board Positioned for Execution
Dynacor Group Announces July 2026 Dividend
iolite: Dynacor's AGM Reaffirms Key Concerns — and Leaves More Questions Than Answers
Dynacor Group Appoints New CEO as AGM Backs Director Nominees
iolite: Shareholders Deserve Answers and a Credible Leadership Reset at Dynacor's June 19 Meeting
ISS Concludes that Dynacor Shareholders Vote FOR the Election of All Director Nominees at Dynacor's Annual Meeting of Shareholders
iolite: Entrenched Dynacor Board Continues Misinformation Trend and Limits Shareholder Rights in a Contested Meeting
Independent Proxy Advisory Firms ISS and Glass Lewis Unanimously Support the Election of ALL Director Nominees at Dynacor's AGM
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