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Gold & silver

Hummingbird Resources’ Yanfolila construction is on track for 2017 gold pour

“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,” said chief executive Dan Betts.

As Hummingbird Resources Ltd’s (LON:HUM) mine construction work continues at Yanfolila, in Mali, the company secured key contractors.

In a statement this morning it told investors that it has awarded a structural, mechanical, plate work and piping (SMPP) contract to IMAGRI-SARL.

Additionally it noted that a tower crane and pre-rolled CIL tanks have now been delivered to site, holes for dewatering are now being drilled and overall the construction operation is on track.

The company anticipates completion in the fourth quarter of this year, ahead of Yanfolila’s first gold pour before year end.

“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,” said chief executive Dan Betts.

Today’s announcement comes ahead of an analysts visit to the Yanfolila site next week.

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