The Veta Dorada plant opened at a 300-tonne-per-day capacity (102,000 tonnes per year) and management is planning to increase its ore processing capacity to 360 tpd as soon as possible thereafter, as it continues to grow its ore inventory. This plant is designed to be readily expandable to 450 tpd (153,000 tpy) and then to 600 tpd (204,000 tpy) by adding additional processing lines and ball mills.
The completion of the Veta Dorada plant was an important and strategic milestone for the corporation. Now that production has commenced, the focus for the remainder of the year will be set on increasing its ore inventory at the Veta Dorada plant, where the corporation expects to take advantage of a much better milling site location (along the Pan American highway) and better process and cost-efficiency to improve its operating results and ramp-up production in the near future.
In late 2016, the Veta Dorada gold ore-processing plant, a CIP (carbon-in-pulp) operation, opened at 300-tonne-per-day capacity (102,000 tonnes per year). As of August 5, 2021, Dynacor increased its operations to a fully expanded ore processing capacity of 430 tpd (146,200 tonnes per year).
Completion of the plant expansion was both on schedule and budget. The Veta Dorada plant has been steadily increasing its daily output for the last number of years. Dynacor is a significant ASM ore purchasing and processing company strategically located minutes off the Pan American Highway in Peru.