Metals

Hummingbird Resources pours first gold at Kouroussa mine in Guinea

CBCIE Time:Jun 12, 2023 10:31 Source:mining

Hummingbird Resources said on Friday it had poured first gold at the Kouroussa mine in Guinea on June 8, ahead of schedule and on budget.

Commissioning at the mine began in early May 2023. At the time the company said it expected first gold by the end of June. 

Kouroussa, Hummingbird’s second operating mine, is now expected to ramp up to commercial production during the second half of 2023.

“[This] is a major strategic milestone for the company, transforming Hummingbird into a multi-asset, multi-jurisdiction gold producer, that more than doubles our production profile to 200,000 ounces per annum,” chief executive officer Dan Betts said in the statement.

Kouroussa is expected to churn out an average of between 120,000 ounces and 140,000 ounces of gold annually for the first three years of commercial production. After that, the mine will average 100,000 ounces of gold a year over an initial seven-year life. 

Hummingbird’s first producing mine was Yanfolila, in Mali, which poured its first gold in 2017. 

The company acquired the Kouroussa project, which comprises two key deposits as well as several exploration targets, from Cassidy Gold in September 2020. 

Key Words:

All articles, pictures, reports and other original works on the website that are attributed to CBCIE are non-public information, only for members. No one may reproduce or otherwise use the original content of this website without our permission. If you need to use it, please call
+86 18135172048 to apply for authorisation. CBCIE reserves the right to pursue any infringement and citation contrary to the original intent.

Disclaimer:CBCIE is committed to building a comprehensive and authoritative metal information platform, and strives to provide a full range of data and information services and decision-making support for metal industry researchers and practitioners. However, the information on this website is for reference only and is not intended as direct advice for investors' decision-making. Any investment, purchase, sale or operation based on the information on this website should be at your own risk and is not related to CBCIE.

CBC Gold Product Navigation

Contact us

Contact us for more CBC information and services.

Get in touch
CBC专家咨询 关闭
close
WeCom

CS Manager:
Zizhen Zhang

+86 18135172048