Gold mining companies in Mali have reported no changes as their operations despite the resignation of President Ibrahim Boubacar Keita earlier this week in a military coup. The likes of Barrick Gold, B2Gold, Resolute Mining, AngloGold Ashanti, Hummingbird Resources and Cora Gold said operations and staff...
AIM-listed miner Hummingbird Resources yesterday announced the acquisition of the Kouroussa Gold Project in Guinea from junior explorer Cassidy Gold Corp, expanding into a third West African country in the process. The Kouroussa Project is a near term development asset in Guinea’s prolific Siguiri Basin with...
West Africa-focused gold miner Hummingbird Resources has become the latest member on the board of the World Gold Council having confirmed its membership with the world's leading gold authority yesterday. In joining the Council, AIM-listed Hummingbird will adopt and adhere to the Responsible Gold Mining Principles...
Mining companies operating in Mali will lose their right to value-added tax exemption during production, amongst other regulatory changes contained in a new mining code announced by the Mines Ministry. The new code in Mali will also shorten the ‘stability period’ during which miners’ existing investments...
AIM-listed Hummingbird Resources is on course to meet its annual gold production guidance after increasing production from the Yanfolila mine in Mali during the second quarter of the year. The company poured 27,466 ounces of gold from Yanfolila in Q2, up from 23,807 ounces in the...
West Africa-focused Hummingbird Resources (AIM:HUM) has announced a ramp up in gold production from its flagship Yanfolila mine in Mali. The high grade asset began producing gold in December 2017, with the performance of the plant steadily improving month by month. The plant operated at an average...
Hummingbird Resources (AIM: HUM) has announced it will receive around US$11 million from the government of Mali, for an additional 10% stake in the Yanfolila gold project. The agreement allows the government to take an overall 20% interest stake in the gold operation, as it already...
