Hummingbird’s Mali project on track for construction start

A recent optimisation study has not only expanded the Yanfolila mine plan, but also highlighted robust economics for the development of the one-million-ton-a-year low-cost high-grade gold project, in Mali, says Hummingbird Resources. The study had defined a path to production, the Aim-listed company noted in an update to shareholders on Friday, adding that the study had reconfirmed that the mine was capable of turning a profit in a varying gold price environment.