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Pin to quick picksHummingbird Share News (HUM)

Share Price Information for Hummingbird (HUM)

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Share Price: 8.85
Bid: 8.70
Ask: 9.00
Change: 0.00 (0.00%)
Spread: 0.30 (3.448%)
Open: 8.85
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Low: 8.80
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Mali gold exports rise 8.4% in 2022

Fri, 10th Mar 2023 15:08

BAMAKO, March 10 (Reuters) - Mali's gold exports rose 8.4% in 2022, reflecting a rise in industrial gold production over the same period, data from the country's statistics agency showed on Friday.

The West African country, exported 69.3 tonnes of gold last year, compared to 63.9 tonnes in 2021, according to statistics seen by Reuters. The metal contributes to around a quarter of the country's fiscal resources.

The value of last year's exports was around 2,001 billion CFA francs ($3.24 billion), compared with around 1,867 billion CFA francs ($3.02 billion) the previous year.

Mali is one of Africa's top gold producers and home to industrial mines operated by companies including Barrick Gold , B2Gold Corp, Resolute Mining, AngloGold Ashanti and Hummingbird Resources.

It exports mainly to South Africa, followed by Switzerland and Australia.

Industrial gold production was around 4.4% higher in 2022 than the previous year because of improved performance in the sector. But it is forecast to fall this year.

Gold reserves stood at around 881.7 tonnes in October, Mines Minister Lamine Seydou Traore said on Thursday.

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12 Mar 2021 14:41

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18 Feb 2021 14:32

IN BRIEF: Cora Gold Re-Awarded Farassaba III Permit In Mali

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(Sharecast News) - GSK: Deutsche Bank downgrades to sell with a target price of 1,150p.

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Berenberg cuts target price on Hummingbird Resources

(Sharecast News) - Analysts at Berenberg slashed their target price on Hummingbird Resources from 62.0p to 39.0p on Thursday following the group's fourth-quarter production miss.

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3 Feb 2021 13:23

Hummingbird Resources pleased with fourth quarter performance

(Sharecast News) - Hummingbird Resources updated the market on operations in its fourth quarter on Wednesday, recording a net cash positive position of $1.5m (£1.1m) at period end on 31 December.

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Hummingbird Resources upbeat on latest Yanfolila drilling results

(Sharecast News) - Hummingbird Resources updated the market on its exploration and drilling programme at the Sanioumale East deposit at Yanfolila in Mali on Wednesday.

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14 Dec 2020 17:20

UPDATE 1-Some big Mali gold mines say not affected by general strike

(Adds comments from mines)BAMAKO, Dec 14 (Reuters) - A five-day general strike launched by Mali's main workers union on Monday has not affected operations of some of the big international gold mining firms in the country, company representatives s...

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11 Nov 2020 16:12

IN BRIEF: Hummingbird Says Pasofino To Buy Dugbe Central License Zone

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11 Nov 2020 09:40

Hummingbird Resources upbeat on expansion to Central licence area

(Sharecast News) - Hummingbird Resources updated the market on the Dugbe Gold Project in Liberia on Wednesday, reporting that its earn-in partner Pasofino Gold has exercised its option to acquire the Central Licence located and encompassed centrally within the project.

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(Sharecast News) - DCC: RBC Capital Markets upgrades to outperform with a target price of 7,400p.

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