Dynacor Group (TSX:DNG) reveals that it will begin construction of a gold ore processing pilot plant in Senegal in 2025.
The company will construct a new gold ore processing pilot plant in the Kédougou region, with a goal to produce gold from ore purchased from small artisanal miners and an initial processing capacity of 50 tonnes per day (tm/d).
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Commodity prices
As of the time of this writing Tuesday, the price of gold sits at US$2,660, up from $2,621.20 per ounce from last week’s update, according to data from Kitco.com.
This week in gold
- NexGold (TSXV:NEXG) and Signal Gold (TSX:SGNL) sign a merger agreement to create one of Canada’s most advanced near-term gold developers.
- B2Gold (TSX:BTO) takes a C$12.1 million, 5 per cent stake in Founders Metals (TSXV:FDR), a junior gold miner in Suriname
- New Found Gold (TSXV:NFG) to acquire the remaining royalty on its Golden Bullet Property in Newfoundland for C$1 million.
Top six trending gold stocks
- New Found Gold (TSXV:NFG)
- Tudor Gold (TSXV:TUD)
- B2Gold (TSX:BTO)
- Maritime Resources (TSXV:MAE)
- Fortune Minerals (TSX:FT)
- Sirios Resources (TSXV:SOI)
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(Top photo: NexGold Mining)