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.