Dynacor Group announced its initial 2025 outlook, which includes a 27% increase in sales at midpoint versus 2024 realized sales. All amounts are in US dollars unless otherwise indicated. The outlook of 2025 guidance are,
1: Gold Sales to be of US$345 – 375mn,
2: Production to reach around 120K – 130K AgEq oz &
3: The Outlook for Net income is estimated of US$ 14mn to US $17mn.
According to the Guidance Overview, net income guidance includes a $3M operating cost to achieve the 2025 growth plan. Capital expenditure at the Veta Dorada plant in Peru will be principally used to upgrade equipment, the tailings pond, and the employee base camp. Capital expenditure in Senegal includes groundwork, procurement, construction and installation of a 50-tonne per day pilot plant.
Initial guidance excludes ongoing capital expenditure on other projects in Latin America and in Africa. A number of assumptions were made in preparing the 2025 outlook including, the average price of gold: between $2,800 and $3,000 per ounce.
President and CEO Jean Martineau said, “2025 marks the first year in Dynacor’s growth plan to more than triple sales by 2030. In this foundational year, we will deliver important milestones in Africa including construction of our pilot plant in Senegal and completion of an environment impact study in one of our target countries.
Our 2025 guidance combines stable production with a significant increase in revenue and investments along with ongoing payment of our monthly dividend.”
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