Dynacor Gold Mines Inc. is pleased to announce that it has made an additional $1.5 million partial prepayment on its outstanding long-term senior secured credit facilities. During the last 5 months Dynacor has made aggregate payments of $4.4 million reducing the outstanding debt balance to $1.9 million. Despite the fact that the principal is due only in January of 2019, without any specific capital repayment during its [...]
Editors Note: There are two graphics associated with this press release. Dynacor Gold Mines Inc. is pleased to announce that gold production in October reached an all-time monthly record of 7,905 oz. Furthermore, ore purchases in October also increased significantly to reach 8,546 metric tonnes, also an all-time record. As shown in Figure 1 below gold production steadily increased during the period from April to October [...]
Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its unaudited condensed consolidated financial statements and the management's discussion and analysis ("MD&A") for the three-month and nine-month periods ended September 30, 2017. These documents have been filed electronically with SEDAR at [...]
Editors Note: There is a graphic associated with this press release. Dynacor Gold Mines Inc. is pleased to report that its 3rd quarter gold production reached 20,521 oz . This represents an increase of 2,336 ounces of gold , as compared to Q2-2017 . Monthly gold production also increased steadily from 6,287 oz in July to reach 7,192 oz in September as did the daily processing rate which reached an average of 265 tonnes [...]
Dynacor Gold Mines Inc. announces the appointment of Pierre Lépine as its new Chairman of the Board. Pierre Lépine joined the Board of Directors in 2014 and has served as a member of Dynacor's Audit Committee from the start. He has worked in the private sector since 1989 and has a very extensive and successful international career in the financial world in particular in mergers and acquisitions. The [...]
Dynacor Gold Mines Inc. and PX GROUP are very pleased to confirm the strategic alliance between PX PRECINOX and Dynacor Gold Mines. PX PRECINOX is the only privately held Swiss refinery and manufacturer of finished and semi-finished precious metal products for the hi-tech and luxury industries. This strategic alliance involves: Jointly developing "a business for business" Responsible Gold Programme under which all the [...]
MONTREAL, QUEBEC--(Marketwired - Sep 19, 2017) - Editors Note: There is a photo associated with this press release. Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to announce that during the month of August the average daily ore processing rate increased by 28% to reach 245 metric tonnes per day (tpd) as compared to the average daily processing rate in Q2-2017 of 192 tpd. Total ore [...]
MONTREAL, QUEBEC--(Marketwired - Aug 16, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) (all amounts refer to US dollars) a Corporation with gold ore processing operations and exploration projects in Peru, is pleased to announce it has recently made a partial prepayment of $1.0 million on its outstanding long-term senior secured credit facilities (the "Facility"). The principal is due [...]
MONTREAL, QUEBEC--(Marketwired - Aug 14, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) a Corporation with gold and silver ore processing operations and exploration projects in Peru, has released its unaudited condensed consolidated financial statements and the management's discussion and analysis ("MD&A") for the three-month and six-months periods ended June 30, 2017. These documents [...]
MONTREAL, QUEBEC--(Marketwired - Jul 21, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to report that gold production in June was the best month so far in 2017 and reached 6,895 oz. as compared to 5,865 oz in June 2016, an increase of 1,030 ounces (+18%). In Q2, monthly gold production has progressively increased and reached a yearly high in June of 6,895 oz. representing an [...]
MONTREAL, QUEBEC--(Marketwired - Jun 28, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) announced today the final results of its AGM (annual general meeting) of shareholders held on June 20, 2017. A total of 14,334,973 shares representing 36.99% of the Corporation's common shares outstanding were represented at the meeting. Dynacor's shareholders voted in favour of all matters brought [...]
MONTREAL, QUEBEC--(Marketwired - Jun 19, 2017) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to report that despite the worst rainy season in Peru in the last 20 years, the impact of this extreme weather event on gold production has been limited to 2 months of lower production as compared to 2016. In March and April, heavy rains led to very extensive flooding throughout the [...]
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