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Dynacor Gold Mines (T.DNG) re-starts Peruvian gold exports – up 13%

Gaalen Engen Gaalen Engen, .
0 Comments| March 3, 2014

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Dynacor Gold Mines (TSX:DNG, StockForum), a Montreal-based producer of gold and silver from ore purchased from local Peruvian miners, announced today that the company had resumed its gold exports from Peru.

According to the news release, Dynacor will shortly commence purchasing gold ore from its government registered suppliers for its Huanca plant following a temporary moratorium on ore purchases as outlined in a January 29, 2014 press release with ore being processed at 250 tpd when the company obtains the necessary ore inventory.

Dynacor will be attending the PDAC 2014 in Toronto from March 2 to 5 at the Metro Toronto Convention Centre with senior management from Peru and Canada on hand to meet with shareholders to discuss the future development of the company.

Dynacor was in the news recently when the company intersected gold and copper grades at Manto Dorado structure.

Shares rose 13.77% on the news to $1.83 per share.

Currently there are 36.3m outstanding shares with a market cap of $69.0 million.


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