{"success":true,"data":{"pressRelease":{"id":"84308","rtpr_id":"nGNX1lHmNL","ticker":"DNG","exchange":"TSX","all_tickers":["DNG"],"title":"Dynacor Commences Processing First Ore at Pilot Plant in Senegal","author":"Globe Newswire","published_at":"2026-07-09T11:30:00.556Z","article_body":"MONTREAL, July 09, 2026 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG)\n(\"Dynacor\" or the \"Corporation\") is pleased to announce that ore production\nfrom its Galam pilot plant in the Kédougou region of southeastern Senegal has\ncommenced, in line with its schedule.\n\nHighlights\n* Pilot plant over 95% complete.\n* Commissioning of the laboratory and front-end process plant is complete, and\nboth are in use.\n* Hot commissioning activities are ongoing in the main process areas,\nincluding the grinding, leaching, gold refining and Merrill Crowe circuits.\n* An initial stockpile of gold-bearing ore has been built from local\nsuppliers, in line with our start-up target. * Purchasing of ore from\nadditional supplier groups will continue in August\n \n* Initial plant operator and maintenance positions are being filled.\n* On track for first gold pour in August.\n* The tailings storage facility (TSF) cell has been lined and is operational.\nDaniel Misiano, President & CEO of Dynacor, commented: “We are excited to\nhighlight Galam’s move from construction to commissioning. This is a\nsignificant achievement and a testament to the experience of the Dynacor team.\nSo far, commissioning is proceeding to plan. When fully ramped-up, Galam will\nact as a blueprint for future commercial plants in Africa, which is expected\nto be the key driver of our expansion strategy.\n\nFurthermore, rehabilitation of the Svetlana plant in Ecuador continues\nadvancing towards our targeted Q4-2026 restart. With ongoing strong core\noperations and both new plants on schedule, we are poised for a strong\nsecond-half of the year.”\n\nFigure 1 – Introduction of Mill Feed at Galam Pilot Plant in Senegal\n\n\nAdvancing Ecuador Plant Upgrade to Plan\n\nRehabilitation work on the Svetlana processing plant continues to advance\nacross the following key operational areas:\n* Overall rehabilitation of the plant has reached about 40% completion.\n* Crushing circuit - Rehabilitation of the primary raw material feed and\ncrushing circuit is 50% complete. Remaining work includes upgrade of the cone\ncrusher and hydraulic feeder, in addition to replacement of conveyor belts,\nchute lining and pulley systems.\n* Milling area – Rehabilitation of the ball mill and supporting\ninfrastructure is over 60% complete. Work includes upgrade of the release\nmotor and pinion bearings, and alignment of the girth gear and pinions.\n* Electrical / power systems – Installation of electrical substation\ntransformers and rehabilitation of cabling for key equipment is progressing.\n* Leaching area – Rehabilitation of the leaching tanks including baffle\nreplacement and air-slurry redesign is almost halfway complete.\n* Purchasing – Most replacement pieces of equipment have been secured.\n* Tailings – A geotechnical review and laboratory testing of the working\ntailings pond is ongoing.\n* Laboratory – Assessment of the laboratory is ongoing with a view to its\nrehabilitation and installation of Atomic Absorption Spectroscopy (AAS)\nequipment.\n* Permitting – Dynacor has submitted its application for an Investment\nProtection Agreement to the government of Ecuador and is advancing its\ncommercialisation permit. All permits are on track for Q4-2026.\nAbout Dynacor\n\nDynacor Group is an ore processing company dedicated to producing gold sourced\nfrom artisanal miners. Since its establishment in 1996, Dynacor has pioneered\na responsible mineral supply chain with stringent traceability and audit\nstandards for the fast-growing artisanal mining industry. By focusing on\nformalized miners, the Canadian company offers a win-win approach for\ngovernments and miners globally. Dynacor operates the Veta Dorada plant and\nowns a gold exploration property in Peru. The company is expanding to West\nAfrica and within Latin America.\n\nThe premium paid by luxury jewellers for Dynacor’s PX Impact® gold goes to\nFidamar Foundation, an NGO that mainly invests in health and education\nprojects for artisanal mining communities in Peru. Visit www.dynacor.com for\nmore information.\n\nForward-Looking Information\n\nCertain statements in the preceding may constitute forward-looking statements,\nwhich involve known and unknown risks, uncertainties and other factors that\nmay cause the actual results, performance or achievements of Dynacor, or\nindustry results, to be materially different from any future result,\nperformance or achievement expressed or implied by such forward-looking\nstatements. These statements reflect management’s current expectations\nregarding future events and operating performance as of the date of this news\nrelease.\n\nContact:\n\nFor more information, please contact:\n\nRuth Hanna\nDirector, Investor Relations \nT: 514-393-9000 #236\nE: investors@dynacor.com\nWebsite: https://dynacor.com\n\nRenmark Financial Communications Inc.\nBettina Filippone\nT: (416) 644-2020 or (212) 812-7680\nE: bfilippone@renmarkfinancial.com   \nWebsite: www.renmarkfinancial.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/047ed635-81f8-4736-ae53-6d7673bc214b\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e5d5cd6b-d8dc-49ff-8f3a-67dca79367d8)\nFigure 1 – \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/047ed635-81f8-4736-ae53-6d7673bc214b/en)\nIntroduction of Mill Feed at Galam Pilot Plant in Senegal\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1lHmNL","title":"Dynacor Commences Processing First Ore at Pilot Plant in Senegal","author":"Globe Newswire","ticker":"DNG","created":"2026-07-09T11:30:00.556Z","tickers":["DNG"],"exchange":"TSX","article_body":"MONTREAL, July 09, 2026 (GLOBE NEWSWIRE) -- Dynacor Group Inc. (TSX: DNG)\n(\"Dynacor\" or the \"Corporation\") is pleased to announce that ore production\nfrom its Galam pilot plant in the Kédougou region of southeastern Senegal has\ncommenced, in line with its schedule.\n\nHighlights\n* Pilot plant over 95% complete.\n* Commissioning of the laboratory and front-end process plant is complete, and\nboth are in use.\n* Hot commissioning activities are ongoing in the main process areas,\nincluding the grinding, leaching, gold refining and Merrill Crowe circuits.\n* An initial stockpile of gold-bearing ore has been built from local\nsuppliers, in line with our start-up target. * Purchasing of ore from\nadditional supplier groups will continue in August\n \n* Initial plant operator and maintenance positions are being filled.\n* On track for first gold pour in August.\n* The tailings storage facility (TSF) cell has been lined and is operational.\nDaniel Misiano, President & CEO of Dynacor, commented: “We are excited to\nhighlight Galam’s move from construction to commissioning. This is a\nsignificant achievement and a testament to the experience of the Dynacor team.\nSo far, commissioning is proceeding to plan. When fully ramped-up, Galam will\nact as a blueprint for future commercial plants in Africa, which is expected\nto be the key driver of our expansion strategy.\n\nFurthermore, rehabilitation of the Svetlana plant in Ecuador continues\nadvancing towards our targeted Q4-2026 restart. With ongoing strong core\noperations and both new plants on schedule, we are poised for a strong\nsecond-half of the year.”\n\nFigure 1 – Introduction of Mill Feed at Galam Pilot Plant in Senegal\n\n\nAdvancing Ecuador Plant Upgrade to Plan\n\nRehabilitation work on the Svetlana processing plant continues to advance\nacross the following key operational areas:\n* Overall rehabilitation of the plant has reached about 40% completion.\n* Crushing circuit - Rehabilitation of the primary raw material feed and\ncrushing circuit is 50% complete. Remaining work includes upgrade of the cone\ncrusher and hydraulic feeder, in addition to replacement of conveyor belts,\nchute lining and pulley systems.\n* Milling area – Rehabilitation of the ball mill and supporting\ninfrastructure is over 60% complete. Work includes upgrade of the release\nmotor and pinion bearings, and alignment of the girth gear and pinions.\n* Electrical / power systems – Installation of electrical substation\ntransformers and rehabilitation of cabling for key equipment is progressing.\n* Leaching area – Rehabilitation of the leaching tanks including baffle\nreplacement and air-slurry redesign is almost halfway complete.\n* Purchasing – Most replacement pieces of equipment have been secured.\n* Tailings – A geotechnical review and laboratory testing of the working\ntailings pond is ongoing.\n* Laboratory – Assessment of the laboratory is ongoing with a view to its\nrehabilitation and installation of Atomic Absorption Spectroscopy (AAS)\nequipment.\n* Permitting – Dynacor has submitted its application for an Investment\nProtection Agreement to the government of Ecuador and is advancing its\ncommercialisation permit. All permits are on track for Q4-2026.\nAbout Dynacor\n\nDynacor Group is an ore processing company dedicated to producing gold sourced\nfrom artisanal miners. Since its establishment in 1996, Dynacor has pioneered\na responsible mineral supply chain with stringent traceability and audit\nstandards for the fast-growing artisanal mining industry. By focusing on\nformalized miners, the Canadian company offers a win-win approach for\ngovernments and miners globally. Dynacor operates the Veta Dorada plant and\nowns a gold exploration property in Peru. The company is expanding to West\nAfrica and within Latin America.\n\nThe premium paid by luxury jewellers for Dynacor’s PX Impact® gold goes to\nFidamar Foundation, an NGO that mainly invests in health and education\nprojects for artisanal mining communities in Peru. Visit www.dynacor.com for\nmore information.\n\nForward-Looking Information\n\nCertain statements in the preceding may constitute forward-looking statements,\nwhich involve known and unknown risks, uncertainties and other factors that\nmay cause the actual results, performance or achievements of Dynacor, or\nindustry results, to be materially different from any future result,\nperformance or achievement expressed or implied by such forward-looking\nstatements. These statements reflect management’s current expectations\nregarding future events and operating performance as of the date of this news\nrelease.\n\nContact:\n\nFor more information, please contact:\n\nRuth Hanna\nDirector, Investor Relations \nT: 514-393-9000 #236\nE: investors@dynacor.com\nWebsite: https://dynacor.com\n\nRenmark Financial Communications Inc.\nBettina Filippone\nT: (416) 644-2020 or (212) 812-7680\nE: bfilippone@renmarkfinancial.com   \nWebsite: www.renmarkfinancial.com\n\nA photo accompanying this announcement is available at\nhttps://www.globenewswire.com/NewsRoom/AttachmentNg/047ed635-81f8-4736-ae53-6d7673bc214b\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/e5d5cd6b-d8dc-49ff-8f3a-67dca79367d8)\nFigure 1 – \n(https://www.globenewswire.com/NewsRoom/AttachmentNg/047ed635-81f8-4736-ae53-6d7673bc214b/en)\nIntroduction of Mill Feed at Galam Pilot Plant in Senegal\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-09T11:30:00.608483266Z","server_sent_at_ms":1783596600608},"received_at":"2026-07-09T11:30:00.658Z","source_url":null},"analysis":{"id":"73368","press_release_id":"84308","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Dynacor has commenced processing the first ore at its Galam pilot plant in Senegal, marking the transition from construction to commissioning.\n\nThe plant is over 95% complete, with hot commissioning ongoing in key process areas including grinding, leaching, and gold refining. An initial stockpile of gold-bearing ore has been built from local suppliers.\n\nManagement expects the first gold pour in August 2026. Galam is intended to serve as a blueprint for future commercial plants in Africa, driving the company's expansion strategy.\n\nSeparately, rehabilitation of the Svetlana plant in Ecuador is 40% complete and on track for a Q4 2026 restart, with specific progress noted in crushing, milling, and electrical systems.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Dynacor advances African expansion with first ore processed at Senegal pilot plant; on track for August gold pour."},"keyFigures":{"customDimensions":{"galam_completion":"95%","svetlana_milling_area_progress":"60%","svetlana_rehabilitation_progress":"40%","svetlana_crushing_circuit_progress":"50%"}},"quotedText":"We are excited to highlight Galam’s move from construction to commissioning. This is a significant achievement and a testament to the experience of the Dynacor team.","namedEntities":{"people":[{"name":"Daniel Misiano","role":"President & CEO"},{"name":"Ruth Hanna","role":"Director, Investor Relations"},{"name":"Bettina Filippone","role":"PR Contact"}],"products":["PX Impact® gold"],"companies":[{"name":"Dynacor Group Inc.","ticker":"DNG","relationship":"filer"},{"name":"Renmark Financial Communications Inc.","relationship":"PR agency"},{"name":"Fidamar Foundation","relationship":"NGO partner"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Commencement of ore processing at the new Galam pilot plant in Senegal is a significant operational milestone, validating the company's expansion strategy into West Africa. The project is on schedule for first gold pour in August, and the concurrent update on the Svetlana plant rehabilitation in Ecuador (40% complete) reinforces the broader growth narrative."},"tickerRelevance":{"others":[],"primary":"DNG"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Dynacor has commenced processing the first ore at its Galam pilot plant in Senegal, marking the transition from construction to commissioning.\n\nThe plant is over 95% complete, with hot commissioning ongoing in key process areas including grinding, leaching, and gold refining. An initial stockpile of gold-bearing ore has been built from local suppliers.\n\nManagement expects the first gold pour in August 2026. Galam is intended to serve as a blueprint for future commercial plants in Africa, driving the company's expansion strategy.\n\nSeparately, rehabilitation of the Svetlana plant in Ecuador is 40% complete and on track for a Q4 2026 restart, with specific progress noted in crushing, milling, and electrical systems.","key_figures":{"customDimensions":{"galam_completion":"95%","svetlana_milling_area_progress":"60%","svetlana_rehabilitation_progress":"40%","svetlana_crushing_circuit_progress":"50%"}},"named_entities":{"people":[{"name":"Daniel Misiano","role":"President & CEO"},{"name":"Ruth Hanna","role":"Director, Investor Relations"},{"name":"Bettina Filippone","role":"PR Contact"}],"products":["PX Impact® gold"],"companies":[{"name":"Dynacor Group Inc.","ticker":"DNG","relationship":"filer"},{"name":"Renmark Financial Communications Inc.","relationship":"PR agency"},{"name":"Fidamar Foundation","relationship":"NGO partner"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-07-09T11:32:18.684Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"small-cap","eventGravity":"operational_milestone","sectorWeight":"moderate","householdBrandBoost":0,"marketCapAdjustment":"low","retailFavoriteBoost":0}},"durationMs":43575,"modelName":"george-droid-qwen-72b"}}