Hummingbird Resources plc chief executive officer Daniel Betts has purchased 185,000 ordinary shares of 1 penny each in the capital of the company at a price of 13.2297p per share. Following the transaction, Mr Betts is beneficially interested in total 5,234,149 ordinary shares, representing 1.333% of the company’s currently issued share capital.
Tag: Hummingbird Resources plc
Hummingbird assesses impact of sanctions on Mali
Hummingbird Resources plc said it was assessing risks to its supply chain and business in Mali following sanctions imposed on the country. RESTRICTIONS The company owns the Yanfolila open pit gold mine in southern Mali, which poured first gold in December 2017. The Economic Community of West African States (ECOWAS) imposed sanctions in response to […]
Hummingbird starts construction at Kouroussa
Hummingbird Resources plc has started construction following mobilisation of equipment and personnel at its Kouroussa gold project in Guinea. PREPARATIONS The news comes as the company also announced results from further assays of the 2021 resources and reserves infill drilling programme, including a hole of 24 metres at 5.33 g/t. Hummingbird has started ground clearing works for key […]
Hummingbird mobilises equipment at Kouroussa
Hummingbird Resources plc announced mobilisation of equipment and personnel along with further “significant” results at its gold mine at Kouroussa in Guinea. OPERATIONS The company aims to start construction in early January 2022 with first gold pour targeted by the end of Q2 2023. Hummingbird has appointed construction and engineering firm WACOM for the work […]
Hummingbird resumes 24-hour operations at Yanfolila
Hummingbird Resources plc announced it had resumed 24-hour operations and lowered production guidance from its Yanfolila gold mine in Mali. SECURITY After a stoppage of approximately six days, the company said it was in the process of returning the mine to a more normalised level of production. Increased security is in place but has caused […]
Hummingbird partner raises up to $5.5m for Dugbe
Hummingbird Resources plc’s earn-in partner Pasofino Gold Ltd has raised up to US$5.5 million, including $4.5m from Turkish miner ESAN, for the Dugbe gold project in Liberia. DFS Pasofino’s non-brokered private placement of its common shares will allow the company to complete the definitive feasibility study due during Q2 2022. Today’s news follows a revised […]