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State of Mali News

  • Hummingbird Resources pours first concrete at Yanfolila 2016-10-20
    Civil contractor IMAGRI-SARL, which has worked for Randgold Resources, poured the concrete,
  • Avnel Commences Infill and Extension Drilling at Kalanako Deposit 2016-10-17

    Optimisation Work on the Kalana Main Project Continues

  • Hummingbird starts mine construction at Yanfolila 2016-10-11
    First concrete pouring is expected later in the month
  • Hummingbird starts mine construction at Yanfolila 2016-10-11
    First concrete pouring is expected later in the month
  • Hummingbird on track with Yanofolila construction 2016-09-30
    First concrete for the foundations is expected to be poured in October.
  • Hummingbird's Yanfolila mine on schedule and budget 2016-09-12
    The civil works are targeted to begin at the start of next month (October).
  • Syama, Mali: 62m at 6.71gpt gold from 651m depth (SYDD432) 2016-08-15
    Deep drilling opens possibility of extensions to Syama underground reserve
  • Mali lowers gold forecast on continued mine closure 2016-08-15
    Mali expects to produce 47.37 t of gold this year, lower than an earlier forecast of 52.85 t, owing to a failure to restart its Kodieran mine, the Mines Ministry said on Saturday. Output was slightly up on last year's production of 46.5 t, however, said Karim Berthe, head of the mines division. President Ibrahim Boubacar Keita put last year's figure at around 50 t in his New Year's speech.
  • Hummingbird raises $3.8m for value adds at Yanfolila 2016-08-12
    Aim-listed Hummingbird Resources has raised some $3.8-million in a private placing with Fidelity Investments to unlock additional value at its Yanfolila gold project, in Mali. The West Africa-focused gold company placed 11.1-million new ordinary shares in the company at 26 p a share, the proceeds of which will provide Hummingbird the added flexibility of reviewing the potential development of additional near-mine resources as it ramps up to start production at its 2.2-million-ounce-a-year project by the end of 2017.
  • Resolute posts record profit of A$213m 2016-08-02
    Australia-based gold miner Resolute, which operates the Syama mine, in Mali, and the Ravenswood operation, in Queensland, booked a profit of A$213-million for the financial year to the end of June, lifted by strong operating results and profits made on the sale of Tanzanian assets. The net profit for the year is a new record for Resolute and compares with a loss of A$569-million in 2015.

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