ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

HUM Hummingbird Resources Plc

8.10
-2.90 (-26.36%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird Resources Plc LSE:HUM London Ordinary Share GB00B60BWY28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.90 -26.36% 8.10 7.50 8.20 11.125 7.35 10.50 7,463,870 16:35:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 150.52M -34.28M -0.0569 -1.38 47.25M

Hummingbird Resources PLC Appointment of General Manager for Yanfolila, Mali (6051X)

23/02/2017 7:00am

UK Regulatory


Hummingbird Resources (LSE:HUM)
Historical Stock Chart


From Mar 2019 to Mar 2024

Click Here for more Hummingbird Resources Charts.

TIDMHUM

RNS Number : 6051X

Hummingbird Resources PLC

23 February 2017

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

23 February 2017

Hummingbird Resources plc ('Hummingbird' or 'the Company')

Appointment of General Manager for Yanfolila Gold Project

Hummingbird Resources plc (AIM: HUM), is pleased to announce it has appointed Mr. Kevin Moxham as General Manager for the Yanfolila Gold Project ('Yanfolila') in Mali.

Mr. Moxham is a professional engineer with over 30 years' experience in the effective management and commissioning of mining projects in jurisdictions including Ghana, Eritrea, Tanzania and South Africa.

Mr. Moxham was most recently General Manager and Head of Operations at Newmont Golden Ridge Ltd. Whilst in this role, he oversaw commissioning and production of the 9mtpa Akyem Gold Mine ('Akyem') in Ghana. Akyem was ranked the best company by the Ghana Club 100 and was awarded the best mine in Ghana for 2014 and 2015 and the best mine in innovation and technology in 2015. Akyem was the only mine in Newmont's history to achieve more than 400 days of zero lost time injuries. Prior to this, Mr. Moxham was Executive General Manager at Bisha Mining Share Company in Eritrea where he successfully managed the construction, commissioning and operations at the 1.8mtpa gold plant and the 2.4mtpa copper plant. Mr. Moxham also held several senior roles at the Barrick Gold Corporation, Gold Fields Ltd ('Global head of engineering'), Lonmin Platinum Mines and Anglo American.

Dan Betts, CEO of Hummingbird Resources, said: "The appointment of a GM to join the team is a crucial appointment for Hummingbird. It is no exaggeration to say that we have searched extensively for the candidate who we believe demonstrates the right blend of skills, commitment and chemistry to join our team. Also to look beyond the immediate focus of constructing and commissioning of Yanfolila towards our further ambitions of operating of a world class project, and building a world class gold mining company. As a Board, we believe that to have attracted somebody of Kevin's experience speaks volumes about the quality of the Yanfolila Gold Project and the character of the existing Hummingbird team. We welcome Kevin on board."

Please click on the following link to see recent pictures and videos of construction http://hummingbirdresources.co.uk/gallery/. This page will continue to be updated regularly.

**ENDS**

For further information, please visit www.hummingbirdresources.co.uk or contact:

 
 Daniel Betts          Hummingbird Resources    Tel: +44 (0) 20 
  Thomas Hill           plc                      3416 3560 
  Robert Monro 
--------------------  -----------------------  ---------------- 
 
 James Spinney         Strand Hanson Limited    Tel: +44 (0) 20 
  Ritchie Balmer        Nominated & Financial    7409 3494 
  James Bellman         Adviser 
--------------------  -----------------------  ---------------- 
 
 Jon Belliss           Beaufort Securities      Tel: +44 (0) 20 
                        Limited                  7382 8300 
                        Broker 
--------------------  -----------------------  ---------------- 
 
 Lottie Brocklehurst   St Brides Partners       Tel: +44 (0) 20 
  Susie Geliher         Ltd                      7236 1177 
                        Financial PR/IR 
--------------------  -----------------------  ---------------- 
 

About Hummingbird Resources Plc

Notes to Editors

Hummingbird Resources (AIM: HUM) is building a leading gold production, development and exploration company. The Company has two core gold projects, the near-term production Yanfolila Gold Project in Mali and the Dugbe Gold Project in Liberia. It is currently building Yanfolila targeting first production by end of 2017, which has a Probable Reserve of 709,800oz @ 3.14g/t and total Resources of 1.8Moz of gold and an additional 390,700oz of non-compliant exploration potential. The high-grade gold project has low operating costs of US$695/oz AISC with 132,000oz of first full year's production for over US$70m of free cash flow at a US$1,250 gold price.

The 4.2Moz Dugbe Gold Project in Liberia provides Hummingbird with excellent development upside. An optimisation of the DFS is on-going whilst Yanfolila is brought to production in the near-term. Additionally, the Company has 4,000km(2) highly prospective exploration ground in Mali and Liberia and is constantly evaluating new quality assets.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCBRGDDGSDBGRD

(END) Dow Jones Newswires

February 23, 2017 02:00 ET (07:00 GMT)

1 Year Hummingbird Resources Chart

1 Year Hummingbird Resources Chart

1 Month Hummingbird Resources Chart

1 Month Hummingbird Resources Chart

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: +44 (0) 203 8794 460 | support@advfn.com