Dynacor expects to beat 2021 guidance on strong gold sales

On February 18, 2021, Dynacor published an annual financial guidance report including sales of US$150 million and earnings per share of US$0.18 at an average US$1,850 per ounce gold price.

Meanwhile, the expansion of the processing plant is nearing completion that will permit Dynacor to maintain a maximum gold recovery rate and boost processing volumes to 430 tonnes per day .

Due to a significant rise in ore supply over the last number of months, Dynacor said it has been steadily growing its throughput levels from its nameplate capacity of 300 TPD.

The corporation is engaged in gold production through the processing of ore purchased from the artisanal and small-scale mining industry.

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