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Hummingbird Resources Monitors Situation After Mali Presidential Coup

Wed, 19th Aug 2020 10:01

(Alliance News) - Hummingbird Resources on Wednesday said it is "closely monitoring" the situation in Mali following the resignation of President Ibrahim Boubacar Keita.

Mali's president early Wednesday said he was resigning to avoid "bloodshed", hours after his arrest by troops in a coup.

The London-listed gold producer said there has been no current impact on its operations and production at the Yanfolila mine, located around 280 kilometres south west of the capital, Bamako.

"The company's security team is in regular contact with the operational and management team regarding the ongoing safety of Hummingbird's staff, operations and assets. The safety of the company's employees and contractors remains of the upmost importance," said Hummingbird.

Hummingbird has been operating in Mali since 2015 and in production since late 2017.

Shares in Hummingbird were down 8.7% at 31.50 pence in London on Wednesday.

By Lucy Heming; lucyheming@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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