Metals & Minerals News

Hummingbird holds more cash and less debt for 2021

Hummingbird Resources plc announced it had a stronger cash position but poured less gold during the final quarter of 2020 from its operations in West Africa. The company faced problems last year including a military coup in Mali, extreme rain as well as the pandemic. bit.ly/2O77UKV It has forecast production for 2021 to be during […]

Metals & Minerals News

Hummingbird to extend drilling at Yanfolila gold mine

Hummingbird Resources plc said it has extended its drilling campaign after it intersected new zones mineralisation and found improved grade continuing at depth at its Yanfolila gold mine in Mali. The company has been conducting its final drilling programme at the Sanioumale East (SE) deposit. Results show that at 8m at 2.68 g/t from 112 m […]

Metals & Minerals News

Hummingbird to miss gold output targets at Yanfolila

Hummingbird Resources plc said it would not meet its lower end of 2020 production guidance at its Yanfolila gold mine in Mali due to extreme rain and the military coup during August. Total ounces poured year to date as at the end of November were approximately 93,000oz but the company had hoped for 110,000 – 125,000oz. […]

Metals & Minerals News

Hummingbird extends Dugbe gold licence

Hummingbird Resources plc’s acquisition of the Central licence has increased its Dugbe gold project in southern Liberia to 2,565km2. BUKON JEDEH The new 210km2 area forms the core to the southern part of the project and includes Bukon Jedeh located 8km southeast of Dugbe’s large Tuzon deposit. Pasofino Gold Ltd has an earn in option […]

Metals & Minerals News

Hummingbird gold output rises as bank debt falls

Hummingbird Resources plc reported an increase in gold production and a stronger balance sheet but a rise in costs in its third quarter results posted today. The gold exploration company operating in Guinea, Liberia and Mali in West Africa announced gold production rose to 24,722 oz of gold poured (Q2 2020: 24,054 oz) on an […]