Dynacor Gold Mines (TSE:DNG) has released an update.
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Dynacor Gold Mines reported a drop in gold sales for November 2024, with US$16.6 million in revenues compared to US$24.4 million the previous year, mainly due to postponed exports caused by roadblocks in Peru. However, the company demonstrated a strong year-on-year performance with cumulative sales up by 10.6% for 2024, and it remains on track to meet its annual sales guidance. Despite the challenges, the average selling price of gold also increased significantly, contributing to the overall financial health of the corporation.
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