Welcome to our dedicated page for Dynaresource news (Ticker: DYNR), a resource for investors and traders seeking the latest updates and insights on Dynaresource stock.
Dynaresource, Inc. (DYNR) maintains this dedicated news hub for stakeholders tracking its gold exploration initiatives and mining operations. As a historic operator in precious metals since 1937, the company focuses on strategic developments at its San Jose de Gracia property in Mexico alongside broader corporate updates.
This resource provides investors with timely operational milestones, including exploration progress, financial disclosures, and strategic partnerships. Users will find verified updates on resource estimates, infrastructure upgrades, and market positioning without speculative commentary.
Content spans quarterly earnings reports, acquisition announcements, technical breakthroughs in ore processing, and leadership updates. All materials adhere to factual reporting standards suitable for both institutional analysts and retail investors.
Bookmark this page for streamlined access to Dynaresource's evolving story in precious metals exploration. Check regularly for official updates that impact long-term operational strategy and resource development.
DynaResource Inc (OTCQX: DYNR) has announced a significant technological advancement at its San Jose de Gracia project in Mexico, which currently produces 800 tons of gold-bearing ore daily. The company plans to implement new gravity circuit technology during Q2 2025, which is expected to substantially improve gold recovery rates from the current mid-70% to over 80%, with potential increases up to 95% based on recent test work.
The announcement was made through CEO.CA's 'Inside the Boardroom' series, featuring an interview with Rohan Hazelton, President & CEO of DynaResource, who discussed the company's vision and strategy for implementing this technological upgrade.
DynaResource (OTCQX: DYNR) reported improved Q4 2024 performance at its San Jose de Gracia Mine, achieving profitability after previous losses. Q4 2024 revenue reached $14.8 million, up 124% from Q4 2023, with net income of $0.1 million compared to an $8.0 million loss in Q4 2023.
Key operational highlights include:
- Q4 2024 gold production of 6,775 ounces, up 19% from Q3 and 25% from Q4 2023
- Full-year 2024 revenue of $46.5 million, a 31% increase over 2023
- Annual gold production of 25,677 ounces in 2024
- Mill throughput increased to 67,670 tons in Q4 2024, a 50% improvement over Q4 2023
The company completed operational improvements including a new vibrating screen installation and plans to add gravity concentrators in Q2 2025. Mining continues at Tres Amigos, San Pablo, and La Mochomera deposits, with exploration drilling planned for July 2025.
DynaResource (OTCQX: DYNR) has announced significant metallurgical test results from its San Jose de Gracia mine in Mexico, revealing gold recovery rates exceeding 95% across all samples using gravity followed by flotation methods. The company plans to enhance its gold recovery process by installing three new Falcon gravity concentrators after the Ball mills.
The test work, conducted on fresh rock composite samples from the San Pablo, San Pablo Sur, and La Mochomera mining zones, demonstrated gravity gold recoveries of up to 33.8%. This confirms the ore's amenability to conventional gravity gold processing methods. The company expects to improve overall gold recoveries to approximately 80% with the operating gravity circuit in the third quarter of 2025, up from the current low to mid-70% range.
These results will be incorporated into an upcoming SK1300 Technical Report Pre-Feasibility Study, scheduled for release in early Q2 2025.
DynaResource (OTCQX: DYNR) has released its 2025 guidance and preliminary 2024 operating results for its San Jose de Gracia mine in Mexico. The company projects 2025 gold production of 27,000-30,000 ounces with All-In Sustaining Costs of $1,850-$2,050 per ounce. Capital expenditures are planned at $4.8-5.8 million, with exploration spending of $2.5-3 million.
For December 2024, the company reported 1,968 ounces of gold production with an average grade of 4.18 g/t gold and 18,966 tons milled. Full-year 2024 production reached 25,677 ounces, meeting updated guidance. The company plans to increase throughput rates to over 800 tonnes per day through strategic investments, with production primarily from San Pablo and Mochomera deposits.
December operations faced challenges with power outages affecting mill equipment, particularly a 21-day downtime for the 8x12 ball mill. The company expects increased operating cash flow in the second half of 2025 following capital-intensive investments in the first half.
DynaResource (OTCQX: DYNR) held its 2024 Annual Meeting of Stockholders on January 6, 2025. Stockholders elected six Class I Directors: K.W. Diepholz, Dr. Quinton Hennigh, Brent Omland, Rohan Hazelton, Maria Virginia Anzola, and Dale G. Petrini, along with Philip A. Rose as Class II Director. The meeting also saw the approval of the 2024 DynaResource Amended and Restated Equity Incentive Plan and the ratification of Davidson & Company LLP as the independent registered public accounting firm for 2024.
The company announced board changes, with John Wasserman departing after 9 years of service and welcoming new board member Maria Virginia Anzola, a lawyer with over 20 years of experience in the extraction industry.
DynaResource (OTCQX: DYNR) reported November 2024 production of 2,182 ounces of gold at its San Jose de Gracia Mine in Sinaloa, Mexico. The operation achieved an average mill throughput of 770 tons per day, processing 23,108 tons at an average grade of 4.02 g/t gold with a 73.0% recovery rate.
Production was impacted by power outages on the main regional grid, though the plant maintained higher throughput levels following the August 2024 installation of a new vibrating screen. The company has procured additional diesel generation to mitigate power interruption impacts. Metallurgical testing indicates potential recoveries of 78.5-79.1% from the plant flotation circuit.
The company revised its full-year production guidance to approximately 25,500-26,000 ounces of gold. Year-to-date production stands at 23,710 ounces from processing 238,710 tons at an average grade of 4.06 g/t gold with 76.0% recovery.
DynaResource (OTCQX: DYNR) has announced the postponement of its 2024 Annual Meeting of Stockholders from December 13, 2024, to January 6, 2025, due to unexpected delays in printing and mailing proxy materials. The meeting will be held at 11:00 a.m. Central Time in Irving, Texas.
The record date remains November 8, 2024, for stockholder voting eligibility. Previously submitted proxies remain valid unless stockholders choose to change their vote. The company encourages stockholders to review the definitive proxy statement filed with the SEC on November 12, 2024, and submit their proxies by January 3, 2025, at 11:59 p.m. Eastern Time.
DynaResource (OTCQX: DYNR) has successfully repaid its $4M Temporary Additional Credit Line (TACL) and $5.85M Revolving Credit Line (RCL) to Ocean Partners Holdings Following the repayment, the company secured an expanded RCL with a maximum principal of $12.5M, of which $9.85M has been drawn down. The company maintains $2.65M available for further drawdown under the RCL agreement and reports $4.7M cash on hand as of November 30. This financial restructuring demonstrates the company's strong financial management and Ocean Partners' continued confidence in DynaResource's operational performance.
DynaResource (OTCQX: DYNR) reports strong operational growth at San Jose de Gracia Mine for October 2024. Gold production reached 2,626 ounces, marking a 26% increase from September's 2,092 ounces. The mine achieved an average grade of 4.17 g/t gold (up 11%) and processed 25,596 tons (up 11%), averaging 826 tons per day. Recovery rates reached 76.6%, with testing showing potential for 78.5-79.1%. The company maintains its 2024 production target of 26,000-27,000 gold ounces, with year-to-date production at 21,528 ounces.
DynaResource (OTCQX:DYNR) reported Q3 2024 results showing operational improvements at San Jose de Gracia Mine. Revenue reached $11.2 million, up 83% from Q3 2023. The company achieved 61,900 tons milled throughput, a 27% improvement year-over-year, with daily mill throughput exceeding 750 tons in September 2024. Net loss improved from $2.9 million in Q2 2024 to $0.8 million in Q3 2024. Gold production was 5,676 ounces, down 12% from Q3 2023 due to lower feed grade. The company targets 2024 production of 26,000-27,000 gold ounces and aims to reach a monthly throughput of 25,500 tons in Q4 2024.
FAQ
What is the current stock price of Dynaresource (DYNR)?
What is the market cap of Dynaresource (DYNR)?
