06 Jul Hummingbird Resources starts detailed engineering at Yanfolila
Hummingbird Resources (LSE:HUM) has awarded the engineering, procurement and construction management (EPCM) contract for its Yanfolila gold project in Mali to SENET (Pty) Ltd.
SENET, a South African project management and engineering company will carry out detailed engineering while managing the mine construction ahead of expected production by the end of 2017.
Dan Betts, Hummingbird’s managing director said: “With SENET contracted for Yanfolila’s mine construction, detailed engineering has now commenced. We have been working with SENET for two years through the optimisation of the project and delivery of the DFS and we look forward to building a mine with them.”
“Coupled with their long and impressive history of delivering quality projects in Africa, this gives us all great confidence,” added Betts.
Hummingbird, which only recently completed a $US71 million fundraise to help finance the Yanfolila project has also appointed Wayne Galea as project manager to oversee the entire process.
The company is targeting the first gold production at the mine next year and plans to process 132,000oz of gold in the first year.