https://www.engineeringnews.co.za

Hummingbird has successful first commercial quarter at Mali gold mine

19th July 2018

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

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 Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
Egoli Gas (Pty) Ltd
Egoli Gas (Pty) Ltd

As a reticulator, Egoli Gas provides natural gas to homes and businesses via underground pipes.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.047 0.99s - 140pq - 2rq
Subscribe Now