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The Markets
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The Markets
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Gold & silver

Power plant now fully installed at Hummingbird’s Yanfolila gold mine

Aggreko has installed the 7.4MW facility which will power the on-site processing plant at Yanfolila

The 7.4 megawatt power plant at Hummingbird Resources PLC’s (LON:HUM) Yanfolila gold mine in Mali has now been fully commissioned.

London-listed Aggreko PLC (LON:AGK) installed the diesel power facility, which will provide power to the on-site processing plant.

READ: Hummingbird building a gold production presence in Africa and on the London market

Importantly, it keeps Hummingbird on track to deliver first gold from the project by the end of 2017.

“Working with Aggreko to deliver our power remains in line with our strategy of working with world class partners as we progress Yanfolila towards imminent gold production,” said chief executive Dan Betts.

“Aggreko offers the best quality power solution in the market at competitive pricing with a full team on site to run and maintain its operations.

READ: Hummingbird Resources Mali gold mine on time and on budget

"Furthermore, we continue to evaluate potential renewable solutions such as solar PV, as we strive to be a responsible miner operating for the benefit of all our stakeholders.”

As for what to expect in the coming weeks, Betts said the next milestones would likely be the commissioning of the water supply and testing of the now fully-installed mill.

Shares gained 0.4%, or 0.16p, to 37.4p in early deals on Wednesday.

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