π Tender Overview
Scope :
Dynacor Group planning to build gold processing pilot plant in Senegal. Dynacor Group Inc. intends to construct a gold ore processing pilot plant to produce gold from ore purchased from small artisanal miners, with an initial capacity of 50 tm/d in the Kedougou region, eastern Senegal, Africa. The objective of this pilot plant is to establish the financial and operational parameters in West Africa in the context of its due diligence review, which will enable it to make an investment decision for larger commercial operations in this region of Africa.
Dynacor Group established in 2023 Galam SA, a wholly owned Senegalese subsidiary, which will develop the gold ore processing pilot plant project. In 2024, Dynacor, through Galam, acquired a local company holding a mining concession covering an area of 50 hectares with government operating authorization which will be used for the construction of the pilot plant.
Some small local companies, owners of mining projects in development around the Galam property, have demonstrated an interest in supplying ore to a processing plant established in the region. The company plans to begin construction of this new plant during the first half of 2025. This development phase is an integral part of Dynacorβs strategic plan and its vision to become the global leader in responsible gold production from the source of artisanal miners.