UK 00:57 Monday, 28 September 2026
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Dan Betts, enthusiastic chief executive officer of West Africa-focused gold hopeful Hummingbird Resources (HUM), has lost no time in clinching a $75 million (£44.1 million) refinancing package for the Yanfolila gold project in Mali. Hummingbird acquired Yanfolila last month from South African mining heavyweight Gold Fields. Based in London and quoted on AIM, Hummingbird has obtained the funding from Australian-backed private equity group Taurus Mining Finance, along with a $10 million bridging facility for initial payments, design and engineering at Yanfolila, which boasts a gold resource of 1.8 million oz. with an average 2.8grams of gold per tonne of ore.
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Comments
wildrides
Nice share …… shame about ebola.