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Hummingbird has successful first commercial quarter at Mali gold mine

19th July 2018

By: Marleny Arnoldi

Deputy Editor Online

     

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Aim-listed gold producer Hummingbird Resources poured 33 101 oz of gold at an all-in sustaining cost of $790/oz, at its Yanfolila gold mine, in Mali, in the second quarter.

The company sold 38 726 oz of gold at an average price of $1 307/oz.

“It has been our first full quarter of commercial production at Yanfolila and we have delivered on forecast with high grades and strong recoveries (average 95% recovery rate) coming through the plant,” said Hummingbird CEO Dan Betts.

Yanfolila is on track to achieve its yearly production guidance of between 105 000 oz and 115 000 oz.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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