Hummingbird Resources - baut gerade eine Goldmine in Mali 107k zu 695 AISC (Seite 2)

[ernestokg]

Antwort auf Beitrag Nr.: 58.254.671 von adama2000 am 19.07.18 18:15:01

http://hummingbirdresources.co.uk/_downloads/HUM_Q3_Update_2…

[adama2000]

Hummingbird Resources plc
(“Hummingbird” or the “Company”)

Q2 2018 Production Results and Operational Update

Yanfolila delivering results
Hummingbird Resources (AIM:HUM), the African gold producer, is pleased to announce its Q2
2018 production results for the quarter ended 30 June 2018, which represents its first full
quarter of commercial production since the end of the ramp-up period at the Yanfolila Gold Mine.

Yanfolila highlights at 30 June 2018
 33,101 ounces of gold poured at an AISC of US$790/oz
 Average grade of 3.43 g/t
 38,726 ounces of gold sold at an average price of US$1,307 per ounce
 500,000 Lost Time Incident (‘LTI’) free hours achieved during the quarter
 Exploration drilling campaign targeting conversion of Resources to Reserves commenced
at the end of Q2

Corporate highlights at 30 June 2018
 Cash of US$46.2m
 Net debt of US$15.6m

Dan Betts, CEO of Hummingbird, commented:
“Hummingbird’s second quarter of production has been a successful one. It’s been our first full
quarter of commercial production at Yanfolila and we have delivered on forecast with high
grades and strong recoveries coming through the plant. The team is running the mine
exceptionally well and it is pleasing to see our successful emergence as a commercial gold
producer. Our next focus is to prove that we can extend the mine life of Yanfolila by converting
Resources to Reserves through the Group’s exploration campaign, which is underway.
I am also extremely pleased to report an improving safety record at site. This is an integral focus
for the Company as we look to not only operate a highly profitable mine but a safe one where all
staff and contractors are working to best practice.”

[jomic]

Heute ca. 10% Kursrückgang; vermutlich wegen folgender Meldung:

Security incident in Mali
In recent days, a limited number of people in the local area have disputed the Company’s plan,
previously agreed with local community leaders, the Government of Mali’s Ministry of Mines
and local government, to extend mining operations within the Company’s permit area to the
Komana West deposit. Our understanding is that this group of people were acting unilaterally
to stop the Company carrying out initial site preparation work at Komana West.
The Company has been informed by the Malian National Guard that while upholding the rule of
law, requested of them by the Government of Mali, a security incident occurred. Very
regrettably, we have been informed that this incident has led to the loss of at least three lives
(two of which are believed not to be Malian nationals). The Company expresses its sincerest
condolences to the families of the deceased and others affected by this incident.
All Hummingbird employees and contractors are safe. The process plant continues to operate
at this time.
The Government of Mali has a 20% interest in the Yanfolila Gold Mine and the mine has a 95%
Malian work force.
Further updates will be given by the Company as appropriate.
**ENDS**

[adama2000]

30 April 2018

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining

Q1 2018 Production Results and Operational Update

Yanfolila Gold Mine is in Commercial Production

Hummingbird Resources (AIM: HUM), the African gold producer, is pleased to announce its Q1 2018 production results for the quarter ended 31 March 2018, which was designated a ramp-up period; and an update on operations. The Company is also pleased to report its maiden guidance for 2018 and that the mine is now in full commercial production.

Q1 2018 highlights

· Successful on schedule transition from construction, through ramp up, to full scale operations at Yanfolila with mine and plant operating at name plate capacity by end Q1 with commercial production declared from 1 April 2018

· 18,785 ounces of gold poured at an average grade of 2.96 g/t

o 9,912 ounces poured at an average grade of 3.39g/t in March
· Gold sold totalled 11,941 ounces at an average price of US$1,332 per ounce
· Total ore processed of 238,628 tonnes with the plant operating at an average of over 95% capacity through March

· Achieved Lost Time Injury Frequency Rate ('LTIFR') of 1.66 in Q1 2018 with further improvement seen since end of the period. LTIFR through construction of 3.37 (per 1,000,000 hours), lower than the Australian construction industry average of 4.0 LTIFR.
· Cash in the bank of US$28m as at 31 March 2018 (note: Capex payments being completed in Q1; Yanfolila was delivered on budget)



Post period highlights
· 8,648 ounces gold poured from 1st April - 24th April 2018
· Production guidance for 2018 of 105,000 -115,000 ounces gold (including Q1 ramp-up)

· Appointment of Attie Roux (ex Endeavour Mining COO) and Ernie Nutter (ex Director of Capital International Asset Management) as Non-Executive Directors ('NED's') of the Company and members of the Company's Technical Advisory Committee ('TAC')

Dan Betts, CEO of Hummingbird, commented:

"Yanfolila had a strong start to the year with the ramp up phase going to plan and with a significant increase in performance throughout the quarter. The process plant is operating to design specification and the grade and recoveries of gold we are seeing are solid and consistent with expectations. Progress has been strong and I am pleased that we are able to declare commercial production from 1 April 2018 with the plant having operated at over 95% of nameplate for the month of March and continuing to operate at 100% throughout April.

The focus remains on continually refining and improving Yanfolila into a consistent low cost operation. Additionally, one of our immediate priorities this year is to aggressively explore and develop the near mine resources to look to convert opportunities and resources into reserves and an extended mine life. We have committed to spend up to 15% of our free cash flow into this activity which is anticipated to be in the region of US$8m. Colin Porter has recently joined the company as exploration manager to head up this activity.

I am also delighted to announce the appointment to the Board of Attie Roux and Ernie Nutter - both of whom have an abundance of relevant experience. Attie has recently acted as Chief Operating Officer for Endeavour Mining, overseeing the growth of the company from a single mine business to the multi-mine mid-tier West African producer it is today. Ernie has had a long and distinguished career as head of global mining research for RBC and latterly research director and portfolio manager for Capital International Asset managers. I am looking forward to working with them both and bringing their skills to bear on Hummingbird as we look towards the next chapter of Hummingbird's evolution into a profitable, responsible gold miner with discipline and excellence at its core, whilst looking to grow on its entrepreneurial foundations."

[adama2000]

Hummingbird Resources plc / Ticker: HUM / Index: AIM / Sector: Mining


(“Hummingbird” or the “Company”)
Positive Ramp-up Update at the Yanfolila Gold Mine

Hummingbird Resources (AIM: HUM) is pleased to announce a ramp-up update from the
Yanfolila Gold Mine in Mali (“Yanfolila”), which commenced gold production in December 2017,
in advance of an analyst site visit this week.
Production Update
Completion of plant construction and ore commissioning in 2017, was achieved within both the
planned 18-month schedule and the US$88.5 million budgeted capital cost. Since first gold was
poured on 19 December 2017, the performance of the plant has steadily improved month by
month. In the first 14 days of March, the plant operated at an average of 95% of design
throughput and has consistently achieved a gold recovery rate of approximately 96%, which is
in excess of design specification.
Total gold recovered to 14 March 2018 was 16,804 ounces, of which 11,958 ounces has been
poured and 4,846 ounces are currently within circuit inventory.
During the initial ore commissioning phase, the plant was processing ore from the lower-grade
stockpiles in order to ensure plant performance and gold recovery were satisfactory before
increasing the head grade. Over the past two months, the amount of high grade ore fed into the
mill blend has been steadily increased and the plant is now running close to name-plate capacity
with recoveries remaining consistently above design; higher-grade ore continues to be
increasingly introduced to the plant.
Month 1
Commencing 9
December 2017
Month 2
Commencing
8 January
2018
Month 3
Commencing
8 February
2018
Tonnes Milled (dry) 55,699 72,346 86,592
Mill Feed Grade (g/t) 2.02 2.34 3.35
Throughput (dry tonnes/hour) 102 117 139
Plant Availability * (%) 78 83 87
Gold Recovery ** (%) 95.9 95.8 96.5

*Plant availability is due to be 91% when in steady state operations
**Recovery calculations based on gold lost to tailings

Dan Betts, CEO of Hummingbird, commented:
“We are delighted that the plant has performed so well and that the work carried out by our
highly experienced team and contractors has so far been rewarded in ramp-up operations with
96% recoveries, over 3g/t head grade and a steady increase in plant throughput towards design.
This is an impressive achievement in such a short space of time.”

[German2]

Antwort auf Beitrag Nr.: 57.044.829 von adama2000 am 16.02.18 16:00:07

Ja, sieht so sehr gut aus..Kurs komnt auch wieder..leider in D keine billig bekommen trotz 14 Tage Order drin...der Spread is enorm... ich sehe hier 50-100 % Potenial... Resourcen rund um Yanifolia werden wachsen, Cora Gold an denen HUM 30% hält liefern super Bohrergebnusse... Feasibility Studie Dugbe könnte auch ūberraschen.. wenn siecjetzt das Geld vernūnftig einsetzen wonqch es aussieht könnte bald der Knoten platzen... Schulden schrittweise tilgen..mit Cashflow explorieren u Feasibility Dugbe vorantreiben... NPV bei 1350$ Gold liegt bei ca. der Marktkapitalisierung.. Yanifolia gibts daher fast gratis dazu ☺

[adama2000]

Sehr gute Entwicklung, auch wenn der Börsenkurs etwas schwächelt.
Bin ja leider auch in Rye Patch investiert (Produktionsstart April 2017) 1, haben erst im letzten Quartal/3 Monate (10470 oz) die Menge produziert die HUM bereits im ersten Produktionsmonat (10737 oz) schon erreicht hat. Wollen ja pro Jahr ähnlich viel produzieren.
Selten erlebt, dass die Zeitpläne immer eingehalten werden und ausreichend Geld vorhanden ist.

Hummingbird Resources plc
(“Hummingbird” or the “Company”)
Ramp-up on track and exploration programme commenced at Yanfolila Gold
Mine, Mali
Hummingbird Resources (AIM: HUM) is pleased to announce an update on operations at the
Yanfolila Gold Mine in Mali (“Yanfolila”), which commenced gold production in December 2017.
Production Update
Since first gold was poured on 19 December 2017, Yanfolila has steadily been ramping up
towards full production in line with the Company’s planned schedule. Over the past ten days the
plant has been operating at an average of ~90% of design throughput capacity. The plant has
been achieving ~96% gold recoveries1, higher than design specification, consistently since the
start of operations.
Total gold recovered to date is 10,737 ounces of which 5,483 ounces has been shipped to refiners.
In this first period of operations the plant was processing ore from the lower-grade stockpiles, in
order to ensure plant performance and gold recovery were satisfactory before increasing the
head grade. Now that the plant is running close to name-plate capacity and recoveries remain
consistently high; higher-grade ore is increasingly being introduced to the plant.
7 Dec 2017 – 15Feb 2018
Tonnes Milled (dry) 147,997
Current throughput (T/Hour) 139
Current throughput (% design) 90%
Gold Recovery 1 96%
Gold Poured 6,238oz
Gold In Circuit 4,499oz
Total Gold Recovered 10,737oz
1 Recovery calculations based on gold lost to tailings

Exploration Update
The 2018 exploration programme at Yanfolila has commenced with the focus being on the
conversion of indicated and inferred resources to mineable reserves. The Company has over 1
million ounces of resources outside the mine plan which the Company is targeting for conversion
into reserves. It is the Company’s intention to spend in the region of US$8-10 million on
exploration this year, but not more than 15% of Hummingbird’s operating cashflows from
Yanfolila. The Company aims to pursue an aggressive exploration strategy to extend the mine
life, which will be controlled by strict financial discipline.
His Excellency Mr. Ibrahim Boubacar Keita, the President of the Republic of Mali, has postponed
his visit to Yanfolila due to other business, however, the official opening ceremony is expected to
take place with the President in attendance at a later date in 2018.

Dan Betts, CEO of Hummingbird, commented:
“I am pleased that activity on site is steadily progressing as per the ramp-up schedule and we are
on track to achieve name plate capacity from the plant by the end of Q1 2018.
“I am particularly happy to report on the technical performance of the plant, with recoveries over
95% already and a solid performance of the milling circuit. This stands us in good stead as we
continue to ramp up the performance of the operation.”
**ENDS**

[adama2000]

http://hummingbirdresources.co.uk/gallery

[adama2000]

Sehr gut, reibungsloser Start

Hummingbird Resources plc
("Hummingbird" or the "Company")

Quarterly Review

Hummingbird Resources (AIM: HUM) is pleased to announce a review of activities during Q4 2017, which saw production commence at its Yanfolila Gold Mine in Mali ("Yanfolila"), a high-grade, open multi-pit operation with significant expansion opportunities.

Q4 Operational Overview

· Commenced gold production on budget and on schedule
· Commissioned the 1.24Mtpa carbon-in-leach circuit ('CIL') processing plant at Yanfolila

o Targeting ~130,000oz gold in first full year of operation
o 107,000oz Au p/a over life of mine at ~3g/t average grade
o 1 million ounces gold outside current mine plan - drilling of existing resources targeted throughout 2018 to deliver greater reserve life


Q4 Corporate Overview
· Cash position ~US$40 million at YE 2017
· Cora Gold Limited (in which HUM holds a 33.85% interest) raised £3.45 million and listed on AIM, focussing on gold exploration in Mali and Senegal, offering potential for proximal satellite deposits to provide further feedstock for Yanfolila plant
· Soft-launched "1oz Hummingbird" Single Mine Origin pure gold coins from Yanfolila
o 1,400 people registered interest within one month of soft-launch http://hummingbirdresources.co.uk/coins
o Coin sales to commence in Q1 2018, with first delivery of coins targeted by end of H1 2018

Post-Period Highlights

· Shipping of gold dore bars to the refinery has commenced
· Ramp up to commercial production remains on plan

o Plant throughput at 65% capacity during last two weeks of December
o Plant throughput reached 75% capacity in January 2018

· Cora Gold announced visible gold in drill core, full assay results to follow shortly from their maiden drilling campaign at Sanankoro
· Malian President, Ibrahim Boubacar Keïta, to officially open Yanfolila Gold Mine on 14 February 2018

To view pictures of gold poured by Hummingbird at Yanfolila, please view the gallery on the Company's website: http://hummingbirdresources.co.uk/gallery.


Dan Betts, CEO of Hummingbird, commented:

"The last quarter of 2017 saw Hummingbird become the newest African gold producer, delivering the Yanfolila Gold Mine on time and budget. The team on the ground at Yanfolila operated 24/7 over the Christmas period and the ramp up is going well and on track to reach commercial production as planned. I am pleased to announce our first shipment of gold to the refinery has now been completed."

[adama2000]

Hummingbird Resources plc (“Hummingbird” or “the Company”)

Ore Commissioning Commenced at Yanfolila
Hummingbird Resources (AIM: HUM) is pleased to announce that ore commissioning has
commenced at the Yanfolila Gold Mine in Mali (“Yanfolila” or “the Project”).

Highlights:
 Introduction of ore to the mill and the carbon in leach (“CIL”) process plant from the runof-mine
(“ROM”) pad stockpile has commenced
 First gold production expected before the end of December
 Commercial ramp up during Q1 2018 with a target of delivering c.130,000 ounces of gold
during the first full year of production

Dan Betts, CEO of Hummingbird, commented:
“Ore commissioning represents the final step ahead of first gold production at Yanfolila.
Everybody on site is totally focused on a smooth ramp up of the plant as we look to move into the
production phase. This is a key transitional moment for Hummingbird, transforming the
Company from a developer to a producer. Our first year’s production is expected to be around
130,000oz of gold, which is projected to generate around US$70m of free cash flow at a US$1,250
gold price. I look forward to reporting news of our first gold pour in the very near future.”
Please click on the following link to see recent pictures and videos from Yanfolila:
http://hummingbirdresources.co.uk/gallery/