Hummingbird Resources plc has issued a formal ‘step-in notice’ allowing it to take contractual control of operations, suspended since 17 March, at its Kouroussa mine in Guinea. MINING The company said discussions continued with Corica Mining Services, which stopped work, aimed at returning its main contractor to work and ramp-up operations under the existing mining […]
Tag: Hummingbird Resources plc
Kouroussa production delayed by disputes
Hummingbird Resources plc warned of delayed commercial production at its Kouroussa mine where operations are still on hold following disputes with its mining contractor. BLASTING Corica Mining Services stopped work on 17 March at the Guinea mine in a dispute over contracts including pay. Hummingbird today said it had been in discussions with Corica, alternative […]
Hummingbird denies Kouroussa contractor claims
Hummingbird Resources plc has rejected accusations, including of money owed, from its mining contractor which has suspended operations at Kouroussa gold mine in Guinea. FAILURES The company said it disagreed with Corica Mining Services’ “highly misleading” public statement. “Specifically, the company disputes the accuracy of the balance quantum of monies due and the requirement for […]
Contract disputes halt Kouroussa gold mining
Contractual disputes at Kouroussa gold mine in Guinea have halted operations, affecting production and cash flow. IMPACT Owner Hummingbird Resources plc’s principal contract miner Corica Mining Services temporarily suspended mining operations as of 17 March 2024. The company said that the suspension was “a clear breach of the mining contract” and has given Corica notice […]
Hummingbird to restart Kouroussa
Hummingbird Resources plc expects to resume gold mining operations over the coming weeks at Kouroussa following the fire at the primary fuel depot in Conkary, Guinea. PRODUCTION The processing plant has continued to process existing stockpiles and limited material mined. Over the past few days fuel has been delivered to the mine and, after restart […]
Hummingbird increases share in Dugbe owner
Hummingbird Resources plc has increased its holding to 53% in Pasofino Gold Ltd, owner of the Dugbe gold project in south Liberia. MAXIMISATION The company finalised the acquisition in December through a US$2 million investment in Pasofino’s non-brokered private placement, totalling $2.33m, announced today. Funds will be used to optimise the 2022 definitive feasibility study. […]