Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksHummingbird Resources Share News (HUM)

Share Price Information for Hummingbird Resources (HUM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.70
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.20 (2.326%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 8.70
HUM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Hummingbird Resources' Yanfolila Doing Well As Ramp-Up Moves Forward

Mon, 19th Mar 2018 12:53

LONDON (Alliance News) - Hummingbird Resources Ltd said Monday it is "delighted" with the performance of the plant at its Yanfolila gold project, as ramping-up continues.

In the first 14 days of March, the plant operated at an average of 95% of design throughput with consistent gold recovery rates of around 96%, above design specification.

Total gold recovered in the period was 16,804 ounces, of which 11,958 have been poured and 4,846 in the circuit inventory.

Hummingbird completed construction of the plant and ore commissioning in 2017, with first gold poured a week before Christmas. The company is now steadily increasing the grade of ore being fed into the plant, which is now running at close to name-plate capacity.

Chief Executive Dan Betts said: "We are delighted that the plant has performed so well and that the work carried out by our highly experienced team and contractors has so far been rewarded in ramp-up operations with 96% recoveries, over 3 g/t head grade and a steady increase in plant throughput towards design. This is an impressive achievement in such a short space of time."

Shares in the company were down 3.6% on Monday at a price of 34.62 pence each.

More News
23 May 2024 18:37

TRADING UPDATES: Ixico wins deal; United Oil & Gas settles debt

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 May 2024 15:54

Hummingbird announces restart at Kouroussa

(Sharecast News) - Hummingbird Resources announced the remobilization of Corica Mining Services at the Kouroussa Gold Mine in Guinea on Friday, after a work stoppage on March 17.

Read more
17 May 2024 11:44

Hummingbird shares up as contractor resumes activity at Kouroussa mine

(Alliance News) - Shares in Hummingbird Resources PLC rose on Friday, after the company said operations had resumed at its Guinea gold mine following a two-month strike by its primary contractor.

Read more
25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
17 Apr 2024 14:11

IN BRIEF: Hummingbird issues step-in notice regarding Kouroussa mine

Hummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says continued to engage with Ivory Coast-based Corica Mining Services, which had suspended mining activities on March 17, citing contractual disputes. Back then, Corica cited claims regarding unpaid invoices to Hummingbird totaling about USD27 million for work completed at Kouroussa mine in Guinea, which Hummingbird rejected. Hummingbird on Tuesday said it issued a step-in notice which allows it to take management control and issue instructions to Corica. Meanwhile, the discussions about Kouroussa, which Hummingbird calls constructive, have the aim to ramp up operations under the existing mining contract between the two companies. Hummingbird says it is progressing with the restart and ramp up of mining activities at the mine. Further, it notes that operations at the mine have continued with the processing plant operating at the expected levels with mining via an existing support mining fleet.

Read more
8 Apr 2024 15:40

Mali expects 14% drop in industrial gold production, mines ministry says

BAMAKO, April 8 (Reuters) - Mali's industrial gold output is expected to drop by about 14% this year to 53.7 metric tons, mines ministry data showed on Monday.

Read more
28 Mar 2024 14:14

TRADING UPDATES: Duke expects revenue rise; SIMEC gets EL deal payment

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
20 Mar 2024 16:37

UPDATE: Hummingbird hits back at Corica over Kouroussa pact dispute

(Alliance News) - Hummingbird Resources PLC on Wednesday refuted claims of a contract breach from Corica Mining Services, regarding the suspension of services at the Kouroussa gold mine.

Read more
20 Mar 2024 12:25

Hummingbird shares plunge as Corica fires back in contract dispute

(Alliance News) - Corica Mining Services on Wednesday accused Hummingbird Resources PLC of "substantial breaches" of contract, including failure to pay for its work at the Kouroussa gold mine.

Read more
18 Mar 2024 11:50

IN BRIEF: Hummingbird shares plummet amid Kouroussa contract dispute

Hummingbird Resources PLC - gold producer with operations in Mali, Guinea and Liberia - Says the principal contract miner at its Kouroussa gold mine in Guinea has suspended mining operations due to "various contractual disputes". Hummingbird calls the action by Corica Mining Services "a clear breach of the mining contract", and alleges that Corica "has failed to meet mining contract volumes due to delays in mining equipment mobilisation, commissioning, and overall operating performance". Hummingbird has issued a notice to Corica, demanding that it resumes mining by Tuesday. Should it fail to do so, the company says it may step in to resume mining operations in its place, or work with alternative contractors and equipment suppliers.

Read more
31 Jan 2024 18:28

EARNINGS AND TRADING: STV raises holding in Two Cities Television

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
25 Jan 2024 20:09

TRADING UPDATES: Microsaic completes acquisition; Narf revenue soars

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
24 Jan 2024 17:22

EARNINGS AND TRADING: Gran Tierra ups production, "excited" for 2024

(Alliance News) - The following is a round-up of trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

Read more
10 Jan 2024 14:24

Hummingbird Resources raises a further GBP270,000 through open offer

(Alliance News) - Hummingbird Resources PLC on Wednesday said it has raised GBP270,000 through an open offer.

Read more
3 Jan 2024 14:55

UK shareholder meetings calendar - next 7 days

Thursday 4 January 
Rotala PLCGM re management buyout
Tintra PLCGM re cancellation, re-registering as private company
ValiRx PLCGM re operational review
Friday 5 January 
MTI Wireless Edge LtdEGM re proposed grant of options to the directors
Monday 8 January 
Plus500 LtdEGM re director election
Velocys PLCCourt Meeting and GM re recommended cash acquisition by Madison Bidco Ltd
Tuesday 9 January 
Agriterra LtdAGM
DX Group PLCGM re acquisition by HIG Capital funds
GENinCode PLCGM re fundraise
Leeds Group PLCGM re sale of subsidiary Hemmers-Itex
Smart Metering Systems PLCGM re acquisition by KKR funds
Wednesday 10 January 
Hummingbird Resources PLCGM re share placement
Ironveld PLCAGM
Reabold Resources PLCGM re appointment of new directors
Safestyle UK PLCEGM re approve winding up of company
Scirocco Energy PLCGM re proposed disposal of interests in Energy Acquisitions Group Ltd
Versarien PLCGM re capital reorganisation
  
Copyright 2024 Alliance News Ltd. All Rights Reserved. 

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.