Metals & Minerals News

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 […]

Metals & Minerals News

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 […]

Finance Metals & Minerals News

Hummingbird on course to clear debt

Hummingbird Resources plc posted a stronger balance sheet and net cash position despite less gold produced from its projects in West Africa. EARN-IN The company faced higher costs and lower-than-expected gold production at Yanfolila due to Covid-19, a change in the mine plan, a coup in Mali which affected logistics, and extreme weather. For full year […]