Dynacor's Veta Dorada Plant Now Connected to Power Grid

By Mr. Jean Martineau reports / July 19, 2018 / www.stockwatch.com / Article Link

Mr. Jean Martineau reports

DYNACOR: VETA DORADA PLANT NOW FULLY CONNECTED TO PERUVIAN POWER GRID

Dynacor Gold Mines Inc.'s Veta Dorada processing plant located in Chala (southern Peru) is now fully connected to the Peruvian national power grid as of July 11, 2018.

The regional power distribution grid for southern Peru has been rebuilt and upgraded and after some unexpected delays is now operational. Recently, a final check was carried out on the plant's hook-up infrastructure by power distribution engineers from SEAL Arequipa (a company that is part of the regional power distribution grid). The entire system was compliant and was approved.

Now that the plant has been fully connected to the national grid it will no longer need to use diesel-generated power (approximately 900 kilowatts). This represents a pretax annual cost saving of approximately $400,000 (U.S.) and considerably reduces the carbon footprint of the company's activities.

About Dynacor Gold Mines Inc.

Dynacor Gold Mines is a gold production corporation headquartered in Montreal, Canada. The corporation is engaged in production through its government-approved ore processing operations. At present, Dynacor produces and explores in Peru where its management team has decades of experience and expertise. In 2017, Dynacor produced 79,897 ounces of gold and its production guidance for 2018 is 90,000 to 94,000 ounces of gold.

We seek Safe Harbor.

© 2018 Canjex Publishing Ltd. All rights reserved.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok