Gold mine developer Hummingbird Resources agrees US$60mln debt deal on better than expected terms
The facility is with Coris Bank, one of the largest and fastest growing lenders in West Africa
Company
Hummingbird Resources PLC
LON:HUM
Founded in 2005, Hummingbird Resources Plc (AIM: HUM) listed on the London AIM exchange in December 2010. The Company is a leading multi-asset, multi-jurisdiction gold production, development and exploration company and member of the World Gold Council
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Investments and investor services
FTSE 100 finishes higher despite North Korea worries hitting US stocks
US markets open lower, but the index of blue-chip shares keeps its poise
WH Ireland alights on Hummingbird Resources, starts coverage with a 'buy' rating
WH Ireland has a target of 42p for the stock, offering over 20% upside to the gold miner’s current share price of 23.375p.
Pebble Beach left stranded by debt constraints
Some the largest share price rises and falls in London at 3.45pm: Pebble Beach, 32Red, Tristel
Hummingbird appoints highly experienced GM at Yanfolila
Most recently Moxham was general manager and head of operations at Newmont Golden Ridge Ltd, where he oversaw commissioning and production of the Akyem gold mine
FTSE ends lower as Wall St adds to ex-divi stock blues
With around half-an-hour of trading to go in London, the FTSE100 index was almost 20 points lower at 7,282, the day’s worst levels, well below an earlier peak of 7,310.
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Old Hummingbird gold assets move into Aim-traded Glenwick
The deal will create a new West African-focused gold exploration play on Aim, with additional upside in oil
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Proactive weekly mining news summary, including Hummingbird Resources, StratMin Global Resources
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Hummingbird Resources receives US$11mln investment from Mali government
"I believe this is a clear signal of the government's appreciation of the enormous value accretion potential of Yanfolila in the long term,” said chief executive Dan Betts.
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Proactive news highlights: Featuring Sound Energy; Shanta Gold, Allergy Therapeutics and more…
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