Hummingbird Resources plc has received a strategic two-tranche investment of US$15 million from African investment company CIG SA. USES The investment will help ensure the start of production by the end of Q2 2023 at the company’s second gold mine Kouroussa in Guinea, and help accelerate further exploration. “As we bring the development of our […]
Tag: Hummingbird Resources plc
Hummingbird production to rise with Kouroussa
Hummingbird Resources plc expects first gold pour scheduled for the end of Q2 at its Kouroussa project in Guinea to add material increase to the group’s production for 2023. OUTLOOK In its operational report for Q4 2022 and outlook for 2023, the company added that critical path construction and operational readiness items were nearing completion […]
Hummingbird attains full compliance with RGMP
Hummingbird Resources plc said it had achieved full compliance with World Gold Council (WGC) Responsible Gold Mining Principles (RGMP) within the shortest possible timeframe at corporate level and its Yanfolila gold mine in Mali. ESGs In June 2020, the company joined the WGC in its commitment to operate responsibly with strict environmental, social and governance […]
Hummingbird partner to take 100% of Dugbe
Hummingbird Resources plc said that its joint venture partner will exercise its right to take 100% ownership of the 2,559 km2 Dugbe gold project in southern Liberia. TERMS The project lies within the southwestern corner of the Birimian Supergroup which hosts most West African gold deposits. Hummingbird identified two deposits of Dugbe F and Tuzon […]
Hummingbird notes 2m shares purchase
Hummingbird Resources plc reported purchases of 2,150,000 ordinary shares including those by directors of the company. INTERESTS Chief executive Dan Betts bought 500,000 shares at 5.9 pence per share and finance director Thomas Hill purchased 150,000 shares each at 3.2 pence. Non-executive director Stephen Betts purchased one million shares each at 5.9 pence, and his […]
Hummingbird completes more than 50% of Kouroussa
Hummingbird Resources plc reported further high-grade assay results and completion of more than 50% of Kouroussa gold mine in Guinea. DEVELOPMENT Final assay results from the 2021 infill drilling campaign relate to 27 drill holes for 4,138 metres at the key deposit of Koekoe (KK) and include 9.0m @ 32.60 g/t from 116m. The new […]