Dynacor Commences Processing First Ore at Pilot Plant in Senegal
Dynacor’s Senegal pilot plant begins ore processing with a first gold pour targeted for August 2026 while Ecuador rehabilitation remains on track.
Dynacor Group Inc. (DNG) released an operations update on July 9, 2026, confirming that ore production has commenced at its Galam pilot plant in Senegal. The facility is more than 95% complete, with hot commissioning currently underway in the grinding, leaching, refining, and Merrill Crowe circuits. The company targets the first gold pour for August 2026.
In Ecuador, rehabilitation of the Svetlana plant is approximately 40% complete, with a restart of first ore still targeted for the fourth quarter of 2026. Permitting and commercialization applications are advancing on schedule. Both international expansion projects remain on track with no reported delays.
Dynacor Group Inc. (DNG) released a routine project update confirming previously communicated timelines, with no new reserve, production, or financial figures disclosed. The market had already anticipated Senegal to begin commissioning around mid-2026 and Ecuador by year-end.
Dynacor Group Inc. (DNG) processes gold-bearing ore purchased from artisanal and small-scale miners, primarily in Peru. Its flagship Veta Dorada plant, located in Chala, Peru, has a capacity of approximately 500-550 tons per day and generates nearly all current revenue. The company markets “PX Impact®” gold with a traceability premium that funds community projects.
Expansion projects include a 50-tpd pilot plant in Senegal (West Africa) and the acquisition and rehabilitation of the Svetlana processing plant in Ecuador, targeting first ore by end-2026. The goal is to diversify geographically and eventually reach over $1 billion in annual sales by 2030.