Mining

Mali : Hummingbird starts civil works at Yanfolia

Wednesday, 12 October 2016 21:58

Miner Hummingbird Resources has started civil works at Yanfolia gold project in Mali. Imagri which was appointed as the contractor in September 2016 started surveying, setting out and trenching in preparation for concrete pouring later this month

“This is an important milestone for Hummingbird Resource and we are on schedule for our firstgoldpour by the end of 2017, targeting 132 000 oz in the first year,” said CEO Dan Betts.

Besides Yanfolia for which it holds a 30-year mining permit, Hummingbird has among its assets, the Dugbe permits in Liberia, which total an area of more than 3,200 km² located 40 km from the Greenville deepwater port.

Louis-Nino Kansoun

On the same topic
Angola seeks partners for Lobito refinery, retains at least 51% stake Project delayed; $4.8 billion financing gap remains Zambia...
Kasiya mine cost rises to $727 million, DFS shows Project targets major rutile and graphite output over 25 years Financing pending as...
Loan repaid via crude deliveries over seven years Declining oil output underscores reliance on petroleum revenues Gabon is using future oil...
South Africa approves DHL acquisition of three logistics firms Deal supports DHL’s €300 million Africa expansion strategy Strong...
Most Read
01

Driven by above-average growth and rapidly expanding demographics, Francophone Africa is emerging as...

Francophone Africa: A Rising Economic Giant With Weak Internal Trade
02

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
03

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
04

Coca-Cola unit trains 260+ SMEs in Namibia business skills Program targets women, youth, disabled...

Over 260 Namibian SME Owners Trained as Sector Faces Mounting Losses
05

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.