Dynacor Gold Mines

account_balanceMining

  About Us
Dynacor Gold Mines Inc. is a gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through its government approved ore processing operations. At present, Dynacor produces and explores in Peru where its management team has decades of experience and expertise.
Website

http://www.dynacor.com/

http://www.dynacor.com/

Headquarters

625, boul. René-Lévesque Ouest Bureau 1105 Montréal, Québec H3B 1R2

Public Issuance

2006

Shares Outstanding

39.69m

Corporate Filings

SEDAR

Stock Symbol

DNG:CA

location_on625, boul. René-Lévesque Ouest Bureau 1105 Montréal, Québec H3B 1R2
 3 Reasons to invest
  1. Protect against uncertainty – Gold, silver, platinum and palladium are asset classes which were in a bear market for over 20 years, after their phenomenal investment returns in the stagflationary 1970s when they rose by some 3000% from $35 to $850. Precious metals were disdained by Wall Street, much of mainstream finance and the majority of investors and were massively oversold. But since 2001, they are exhibiting signs of accumulation and increasing macroeconomic and geopolitical instability has led to an increase in demand.

  2. No Liabilities – Gold and silver are millenniums-old finite mediums of exchange or currency that do not represent any government’s liability or ability to repay; confidence in issuing entity is 100% due to ability to assay precious metals for purity.

  3. Diversification – Precious metals have a historical negative or weak correlation to price movements in the financial markets, especially the stock market.

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 Current Team
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Veta Dorada Production


The Veta Dorada plant opened at a 300-tonne-per-day capacity (102,000 tonnes per year) and management is planning to increase its ore processing capacity to 360 tpd as soon as possible thereafter, as it continues to grow its ore inventory. This plant is designed to be readily expandable to 450 tpd (153,000 tpy) and then to 600 tpd (204,000 tpy) by adding additional processing lines and ball mills.

The completion of the Veta Dorada plant was an important and strategic milestone for the corporation. Now that production has commenced, the focus for the remainder of the year will be set on increasing its ore inventory at the Veta Dorada plant, where the corporation expects to take advantage of a much better milling site location (along the Pan American highway) and better process and cost-efficiency to improve its operating results and ramp-up production in the near future.

The corporation is currently running the Veta Dorada plant at approximately 300 tpd . With minor incremental cost, the corporation plans to expand this capacity to 360 in 2018.
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Metalex
The Huanca ore-processing plant is a complex mill with a current max capacity of 250 tonnes per day. Dynacor buys high-grade gold ore from hundreds of small scale miners in Peru each with varying types of ore. Processing ore economically from multiple sources requires expert knowledge and know-how. Success also depends on knitting and maintaining good relationships with small scale miners from all over Peru. Dynacor’s staff is time-tested in the ore-processing specialty as it poured its first gold bar at the Huanca mill in 1998, nearly 19 years ago.

At this time, the plant is shut down as the ore processing operation has been transferred to the new 300 tpd cost efficient Veta Dorada plant located in Chala, Peru. Management is evaluating different scenarios pertaining to the Huanca Metalex Plant.
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