QUARTERLY AVERAGE GOLD GRADE
As of June 2012, gold grades delivered to the mill have steadily increased which directly coincides
with last May’s mining law changes in Peru.
The Peruvian government implemented a new policy cracking down on illegal gold ore processorsboth at the artisanal and semi-industrial levels. Dynacor is one of the very few fully permitted andlegal gold processing companies in Peru and is, as such, particularly well positioned in the market tobenefit from this new window of opportunity.
QUARTERLY GROSS SALES
is doing a tremendous job of broadening our ore-purchasing network. Their hard work and expert knowledge of the small scale mining community is critical in effectively serving the
miners’ needs. Metal sales of $3
3.3M in Q1/13
were the highest quarterly sales in Dynacor’s history.