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 […]
Tag: Yanfolila gold mine – southern Mali
Hummingbird starts external audit for Y3 RGMPs
Hummingbird Resources plc said that the external assurance audit had started for the Year 3 World Gold Council (WGC) responsible gold mining principles (RGMPs) requirements. OUTCOME The company began the audit during Q2 2022 as reported in its operations and financial report. Hummingbird added it had a dedicated ESG team and external consultants in place […]
Hummingbird increases Yanfolila production
Hummingbird Resources plc reported a rise in production at Yanfolila gold mine in Mali and further progress at its projects in Guinea and Liberia. INFLATION In its second quarter report for 2022, the company posted production increased 29% from Q1 2022 to 20,013 oz gold (Q1 2022: 15,548oz). All-in sustaining cost (AISC) fell by 17% to […]
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 […]
Yanfolila drill assays could extend mine life
Hummingbird Resources plc said that the final results from its 48,000m drill programme showed a potential extension to the life of Yanfolila gold mine in Mali. CONFIDENCE The company analysed a further 12,000m of assays from the Sanioumale East (SE) deposit and 3,179m of assays from the initial drilling at greenfield deposit BBC. Results from 17,700m drilling completed […]
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 […]