 The company's principal founders were W. Robert Dengler, William M. Shaver, and Fred Edwards.Dynatec grew to become one of the major Canadian mine contracting firms providing services to the mining industry in Canada and abroad and was employed by many of the major mining companies.Dynatec Mining Limited was acquired by the Metallurgical services division of Sherritt International and spun out as a publicly traded company "Dynatec Corporation" on the TSX as a dividend in kind to Sherritt shareholders.