Hummingbird Resources plc poured first gold yesterday ahead of schedule at the Kouroussa gold mine in Guinea. PRODUCTION Kouroussa is a high-grade, low-cost mine and the company’s second operating gold asset, after Yanfolila in Mali, in West Africa. The company aims to increase operations at Kouroussa to commercial production during the second half of 2023. […]
Tag: Kouroussa gold mine – Guinea
Hummingbird starts hot commissioning at Kouroussa
Hummingbird Resources plc has started the hot commissioning phase before planned first gold pour at the Kouroussa gold mine in Guinea. PROCESSING PLANT The company said that Phase I of testing the processing plant’s mechanical, electrical and overall functionality had performed “per design”. First ore was introduced to the circuit at the one million tonne […]
Hummingbird begins commissioning Kouroussa plant
Hummingbird Resources plc has started commissioning of the processing plant ahead of first gold pour this quarter at Kouroussa open pit gold mine in Guinea. PREPARATIONS The high grade gold mine, at over 4 g/t, is the company’s second operating gold asset in West Africa, after Yanfolila in Mali. Hummingbird said that practical completion on […]
Hummingbird progresses Yanfolila-Kouroussa
Hummingbird Resources plc maintained steady performance at its Yanfolila gold mine in Mali while remaining on schedule for first gold pour at Kouroussa, Guinea. CONTRACT Results for Q1 2023 showed production continuing from the end of the previous year with 27,262 ounces (Q4 2022: 28,264: Q1 2022: 15,548). Q1 2023 all-in sustaining cost (AISC) from […]
Hummingbird adds $1.4m for $19m target fundraise
Hummingbird Resources plc has received a further conditional subscription of US$1.4 million (£1.2m) from certain existing institutional shareholders. OPEN OFFER The company said is also inviting other Hummingbird shareholders to subscribe for new ordinary shares at the same price through an open offer aimed to raise up to circa $2.4m (£2m). The move follows February’s strategic […]
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 […]