We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.10 | 1.23% | 8.20 | 8.00 | 8.40 | 8.20 | 7.65 | 7.85 | 2,251,859 | 11:32:34 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 150.52M | -34.28M | -0.0569 | -1.40 | 47.85M |
TIDMHUM
RNS Number : 5456U
Hummingbird Resources PLC
19 January 2017
Ticker: HUM / Index: AIM / Sector: Mining
Hummingbird Resources plc ("Hummingbird" or "the Company")
SMPP Contract Signed and Steel Work Arriving at Yanfolila
Hummingbird Resources (AIM: HUM), ahead of the site visit next week is pleased to announce an update from its Yanfolila Gold Project in Mali ("Yanfolila") where mine construction is currently underway with its first gold pour expected by end of 2017.
Highlights:
-- Award of Structural, Mechanical, Plate work and Piping ("SMPP") contract at Yanfolila to IMAGRI-SARL
-- Tower crane and pre-rolled CIL tanks delivered to site -- Dewatering bore hole drilling commenced ahead of pre-mining pit dewatering
-- Plant construction on track with planned completion in Q4 2017, ahead of first gold pour by YE 2017
-- Analyst site visit scheduled for week commencing 23 January 2017
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.
Dan Betts, CEO of Hummingbird Resources, said: "We are making great progress on the ground and as a result we remain on schedule to deliver our first gold by the end of the year. We are delighted to have appointed IMAGARI-SARL for the important SMPP contract having already seen their excellent results from the civil works on site. Steel work has started to arrive at Yanfolila and we are looking forward to seeing the CIL tanks being assembled in the near future. In the mean time we look forward to welcoming a number of mining analysts and investors on site at Yanfolila next week at this exciting time for Hummingbird."
Further Information:
IMAGRI-SARL has been awarded the Structural, Mechanical, Plate work and Piping ("SMPP") installation contract for Yanfolila under the supervision of SENET.
Much of the mechanical equipment has now been ordered and many items are now being shipped to site. The tower crane, which will be used to help construct the plant and later maintain the plant when in operation, is now on site along with pre-rolled sections of the Carbon-in-Leach ("CIL") tanks. The erection of these items is due to commence imminently.
To facilitate the mining, the drilling of the pit dewatering bores has commenced and the pit dewatering is scheduled to start in Q2 2017.
The construction of the plant is progressing with a planned completion date of Q4 2017.
**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.
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
CNTOKFDQOBKDCDD
(END) Dow Jones Newswires
January 19, 2017 02:00 ET (07:00 GMT)
1 Year Hummingbird Resources Chart |
1 Month Hummingbird Resources Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
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 |
ADVFN UK Investors Hub ADVFN Italy ADVFN Australia ADVFN Brazil |
ADVFN Canada ADVFN Germany ADVFN Japan ADVFN Mexico |
ADVFN France ADVFN US ADVFN Korea |