Dynacor Gold Mines Inc. , an international gold ore industrial corporation servicing ASMs , today announced US$11.9 million in sales for February 2021 compared to US$5.8 million in February 2020, a 105% increase. Following the Corporation's January purchase record of 9,931 tonnes, the ore purchase level continues to rise with over 11,248 tonnes purchased in February 2021, a 69.3% year over year increase compared to the [...]
Dynacor Gold Mines Inc. announced its second monthly dividend. The declaration of a dividend payment of C$0.005 per common share will be payable on March 17, 2021, to shareholders of record as of the close of business on March 8, 2021. This dividend represents the twelfth dividend and second monthly payment made to shareholders. The Corporation's monthly dividend qualifies as an "eligible dividend" for Canadian income tax [...]
Dynacor Gold Mines Inc. today announced US$16.1 million in sales for January 2021. Dynacor's January gold ore purchases increased by 39.2% year over year to a total of 9,931 tonnes. The strong monthly sales are due to the Corporation purchasing and processing a best-ever January total of gold ore combined with a modest rise in the average grade and a healthy gold price market. The average selling price of gold per ounce [...]
Dynacor Gold Mines Inc. provides the 2021 financial and capital expenditure guidance. 2021 Financial Forecast: Total sales of US$150 million; Net income of US$6.9 million; Cash flow from operating activities of US$10.4 million; Capital budget of US$6.3 million Dynacor forecasts gold and silver sales of US$150 million for 2021 which would represent a 47% year over year increase. Based on its 2021 capital budget, operating [...]
Dynacor Gold Mines Inc. , an international gold ore industrial corporation servicing ASMs , today announced preliminary fourth quarter and full year 2020 results. The Corporation had record quarterly sales of US$38.6 million in the fourth quarter, 2020 and full year sales of US$101.5 million ) due to record high average gold market price during those periods. In the fourth quarter, 2020, Dynacor also set all-time [...]
Dynacor Gold Mines Inc. announced today the Corporation is changing its dividend payment frequency schedule to monthly from quarterly beginning in February 2021. The declaration of a dividend payment of CA $0.005 per common share, which will be payable on February 17, 2021, to shareholders of record as of the close of business on February 8, 2021. This dividend represents the eleventh dividend and first monthly payment [...]
Dynacor Gold Mines Inc. is pleased to announce the declaration of a dividend payment of CA $0.015 per common share which will be payable on January 5th, 2021, to shareholders of record as of the close of business on December 16, 2020. This dividend represents the 10th quarterly dividend payment made to shareholders. The Corporation’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes [...]
Dynacor Gold Mines Inc. has released its unaudited consolidated financial statements and the management's discussion and analysis for the third quarter ended September 30, 2020. These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com. . After a three-month stoppage due to the Covid-19 crisis, which ended a streak of thirty-six [...]
Dynacor Gold Mines Inc. provides an update from its Veta Dorada plant in southern Peru. Gold ore supply since the reopening of the mill is exceeding management’s expectations. For July and August 2020, Dynacor purchased 14,224 tons of gold ore and produced 8,625 ounces. Gold grades and ore supply are consistently increasing on month by month basis since the plant reopening. Gold ore purchases in June, July and August 2020 [...]
Dynacor Gold Mines Inc. is pleased to announce the declaration of a dividend payment of CA $0.015 per common share which will be payable on October 5, 2020, to shareholders of record as of the close of business on September 18, 2020. This dividend represents the 9th quarterly dividend payment made to shareholders. The Corporation’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes [...]
Dynacor Gold Mines Inc. is pleased to announce the appointment of Philippe Chave, CEO of PX Group SA to its Board of Directors effective immediately. “We are thrilled to see Philippe join Dynacor’s Board of Directors,” states Jean Martineau, President and CEO of Dynacor. “Philippe’s proven business and development skills in a global landscape, his association with institutional investors worldwide and expertise in the [...]
Dynacor Gold Mines Inc. has released its unaudited consolidated financial statements and the management's discussion and analysis for the second quarter ended June 30, 2020. These documents have been filed electronically with SEDAR at www.sedar.com and will be available on the Corporation's website www.dynacor.com. . Impacted by the COVID-19 crisis, Dynacor, following thirty six consecutive quarters of profits, recorded a [...]
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