Metals & Minerals News

Hummingbird reports $435m start-up costs for Dugbe

Hummingbird Resources plc announced that its joint venture partner Pasofino Gold Ltd had estimated costs of US$435 million to start the 2,559 km2 Dugbe gold project in southern Liberia. PRODUCTION The figure is part of the Pasofino’s filed feasibility study (FS) for the project, which comprises two defined deposits of Tuzon and Dugbe F. Pasofino’s […]

Metals & Minerals News

Hummingbird increases gold estimates

Hummingbird Resources plc said it had materially increased its company reserves from 1.12 million ounces to 4.13Moz and resources by 8% to 7.28Moz for its three gold projects in West Africa. PROJECTS The company’s assets comprise Yanfolila in Mali ; Kouroussa in Guinea including an inaugural ore reserve at the Kinkine deposit and higher-grade ore […]

Company Moves Metals & Minerals News

Hummingbird chairman Russell King to retire

Hummingbird Resources plc announced that its non-executive chairman Russell King would retire with effect from 29 June 2022. Mr King has been chairman of the company since November 2014.  Chief executive Daniel Betts will assume the role of interim executive chairman and CEO until the company appoints a new chairman.