Hummingbird Resources plc net group estimates have fallen compared with last year’s statement for its projects in Guinea, Mali and Liberia. UNTAPPED EXPLORATION Revised group reserves total 4.03 million ounces of gold and group resources of 6.95 Moz, while net figures saw a decrease of 98,000 ounces and 327 Koz respectively. At the Kouroussa gold […]
Tag: Kouroussa gold mine – Guinea
Hummingbird has strong first half at Yanofila
Hummingbird Resources plc has reversed its fortunes with strong first half production from Yanfolila gold mine in southern Mali. PRODUCTION The company’s Q2 2023 operational and trading report showed an increase to 23,885 oz gold produced in Q2 2023 (Q2 2023: 20,013 oz). Total H1 2023 gold produced reached 51,147 oz (H1 2022: 35,561 oz). […]
Hummingbird 2022 losses treble from challenges
Hummingbird Resources plc recorded more than a three-fold increase in losses while gold pour fell following issues with its mining contractor at the Yanfolila mine in Mali. FINANCES Full year results for 2022 showed revenue decreased to US$150.5 million (2021: $162.7m) while losses rose to £39.9m (2021: £12.7m). The company sold less gold at 80,445 […]
Hummingbird pours early first gold at Kouroussa
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. […]
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 […]