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Yahoo
20-05-2025
- Business
- Yahoo
Dynacor Group Reports Sales of US$22.8 Million in April 2025
MONTREAL, May 20, 2025--(BUSINESS WIRE)--Dynacor Group Inc. (TSX-DNG) ("Dynacor" or the "Corporation"), today announced unaudited gold sales of $22.8 million in April and year-to-date sales of $102.8 million. All figures are in US dollars unless otherwise indicated. Monthly Highlights Gold sales reached $22.8 million (C$31.8 million1) in April 2025, compared to $25.0 million (C$34.2 million) in April 2024. The decrease in sales of $2.2 million or -8.8% versus April 2024 results from an increase in the sales price (+25.6%) offset by a decrease in the volume (-34.4%). The sale of the last gold pour in April was postponed to early May. In April, the selling price of gold averaged $3,248 per ounce, compared to $2,340 per ounce, a 38.8% increase over April 2024. The Veta Dorada plant operated at full capacity, processing over 14,000 tonnes of ore as per last year. Year To Date Highlights Cumulative gold sales reached $102.8 million at the end of April 2025, compared to $92.7 million for the same period of 2024, a $10.1 million increase or +10.9%. In 2025, the selling price of gold averaged $2,951 per ounce, compared to $2,140 per ounce in 2024, a 37.9% increase. The Corporation is on target to meet its annual sales guidance of between $345 and $375 million. ____________________ 1 Sales are converted using the average monthly exchange rate. About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The Corporation plans to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release. View source version on Contacts For more information, please contact: Ruth HannaDirector, Investor RelationsT: 514-393-9000 #236E: investors@ Website: Renmark Financial Communications FilipponeT: (416) 644-2020 or (212) 812-7680E: bfilippone@ Website: Sign in to access your portfolio
Business Wire
20-05-2025
- Business
- Business Wire
Dynacor Group Reports Sales of US$22.8 Million in April 2025
MONTREAL--(BUSINESS WIRE)-- Dynacor Group Inc. (TSX-DNG) ('Dynacor' or the "Corporation"), today announced unaudited gold sales of $22.8 million in April and year-to-date sales of $102.8 million. All figures are in US dollars unless otherwise indicated. Monthly Highlights Gold sales reached $22.8 million (C$31.8 million 1) in April 2025, compared to $25.0 million (C$34.2 million) in April 2024. The decrease in sales of $2.2 million or -8.8% versus April 2024 results from an increase in the sales price (+25.6%) offset by a decrease in the volume (-34.4%). The sale of the last gold pour in April was postponed to early May. In April, the selling price of gold averaged $3,248 per ounce, compared to $2,340 per ounce, a 38.8% increase over April 2024. The Veta Dorada plant operated at full capacity, processing over 14,000 tonnes of ore as per last year. Year To Date Highlights Cumulative gold sales reached $102.8 million at the end of April 2025, compared to $92.7 million for the same period of 2024, a $10.1 million increase or +10.9%. In 2025, the selling price of gold averaged $2,951 per ounce, compared to $2,140 per ounce in 2024, a 37.9% increase. The Corporation is on target to meet its annual sales guidance of between $345 and $375 million. About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The Corporation plans to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release.
National Post
24-04-2025
- Business
- National Post
Dynacor Group Declares May 2025 Dividend
Article content MONTREAL — Dynacor Group Inc. (TSX: DNG) (' Dynacor' or the ' Corporation') announced its monthly dividend payment for May 2025 in the amount of C$0.01333 per common share which will be payable on May 15, 2025, to shareholders of record as of the close of business on May 8 th, 2025. This dividend represents the sixty-second (62 sd) dividend and fifty-second (52 sd) monthly dividend payment made to shareholders. Article content Article content The Corporation's monthly dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation's financial results, cash requirements, prospects and other factors deemed relevant by the Board. Article content Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is planning to expand to West Africa and within Latin America. Article content The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Article content Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release. Article content Article content Article content Article content Article content Contacts Article content For more information, please contact: Article content Article content
Yahoo
24-04-2025
- Business
- Yahoo
Dynacor Group Declares May 2025 Dividend
MONTREAL, April 24, 2025--(BUSINESS WIRE)--Dynacor Group Inc. (TSX: DNG) ("Dynacor" or the "Corporation") announced its monthly dividend payment for May 2025 in the amount of C$0.01333 per common share which will be payable on May 15, 2025, to shareholders of record as of the close of business on May 8th, 2025. This dividend represents the sixty-second (62sd) dividend and fifty-second (52sd) monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation's financial results, cash requirements, prospects and other factors deemed relevant by the Board. About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is planning to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release. View source version on Contacts For more information, please contact: Ruth HannaDirector, Investor RelationsT: 514-393-9000 #236E: investors@ Website:
Business Wire
24-04-2025
- Business
- Business Wire
Dynacor Group Declares May 2025 Dividend
MONTREAL--(BUSINESS WIRE)-- Dynacor Group Inc. (TSX: DNG) (' Dynacor' or the ' Corporation') announced its monthly dividend payment for May 2025 in the amount of C$0.01333 per common share which will be payable on May 15, 2025, to shareholders of record as of the close of business on May 8 th, 2025. This dividend represents the sixty-second (62 sd) dividend and fifty-second (52 sd) monthly dividend payment made to shareholders. The Corporation's monthly dividend qualifies as an 'eligible dividend' for Canadian income tax purposes. The payment and increase of dividends are at the discretion of the Board and will depend on the Corporation's financial results, cash requirements, prospects and other factors deemed relevant by the Board. About Dynacor Dynacor Group is an industrial ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on fully and part-formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is planning to expand to West Africa and within Latin America. The premium paid by luxury jewellers for Dynacor's PX Impact® gold goes to Fidamar Foundation, an NGO that mainly invests in health and education projects for artisanal mining communities in Peru. Visit for more information. Forward-Looking Information Certain statements in the preceding may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release.
