Dynacor sales gold of US$28.7mn in January 2025

Feb 15, 2025

1asDynacor Group Inc, today announced unaudited gold sales of $28.7 million in January. In the Monthly Highlights- Report, Dynacor said, Gold sales reached $28.7 million (C$41.3 million1) in January 2025, the second-highest monthly sales, compared to $26.9 million (C$36.1 million) in January 2024.

The increase in sales of $1.8 million or +6.7% versus January 2024 results from an increase in the sales price (+27.5%) offset by a decline in volume (20.8%). In January, the selling price of gold averaged $2,737 per ounce, compared to $2,030 per ounce in January a 34.8% increase over January 2024.

The Veta Dorada plant processed close to 15,000 tonnes of ore in January 2025 versus 15,000 tonnes in January 2024. The Corporation will release its 2025 financial guidance at the end of February and its 2024 annual financial results at the end of March.

Dynacor is a dividend-paying industrial gold ore processor headquartered in Montreal, Canada. The Corporation is engaged in gold production through the processing of ore purchased from the ASM (artisanal and small-scale mining) industry. Dynacor operates in Peru where its management and processing teams have decades of experience working with ASM miners.

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