Metals & Minerals News

Fatality at Hummingbird’s Yanfolila gold mine

Hummingbird Resources plc’s said that one of its sub-contractors died in late June 2021 while operating at Yanfolila gold mine in southern Mali. SUPPORT The company added that its emergency protocols were immediately put into action via its onsite medical teams. “The fatality was an isolated incident, however the company stood down the contractor pending […]

Metals & Minerals News

Hummingbird increases gold pour at Yanfolila

Hummingbird Resources plc announced an increase in gold poured and cleared its debt used to fund Yanfolila mine in southern Mali. In its operational and trading review for the second quarter of 2021, the company also reported the fatality of one of its sub-contractors. Hummingbird additionally made further progress on support for market gardens as […]

Metals & Minerals News

Hummingbird confident of expanding SE resource

Hummingbird Resources plc said that results from 14 new drilled holes showed “excellent” potential for the Sanioumale East (SE) deposit at the Yanfolila gold mine, Mali. The company also announced today it was in the process of issuing the final shares to Cassidy Group for the acquisition on the Kouroussa gold project in Guinea. SANIOUMALE EAST […]

Metals & Minerals News

Hummingbird reports first drill results from Dugbe

Hummingbird Resources plc has received the first drill results from its Tuzon deposit at the Dugbe gold project in Liberia. The joint venture comprises Pasofino Gold Ltd which has an earn-in agreement for a 49% stake in the project, with Hummingbird owning 51%. Three of the four holes are ‘step-out’ holes to test the lateral […]

Finance Metals & Minerals News

Hummingbird on course to clear debt

Hummingbird Resources plc posted a stronger balance sheet and net cash position despite less gold produced from its projects in West Africa. EARN-IN The company faced higher costs and lower-than-expected gold production at Yanfolila due to Covid-19, a change in the mine plan, a coup in Mali which affected logistics, and extreme weather. For full year […]

Metals & Minerals News

Hummingbird given Kouroussa mining licences

Hummingbird Resources plc has been granted mining licences for the Kouroussa gold project in Guinea.  MULTI-ASSET The licences have a 15-year renewable term with construction of the mine to start within a year. The company will pay an initial £10 million to Cassidy Gold Corp by issuing 35,248,441 new ordinary shares in Hummingbird, at 28.4 […]