Hummingbird announces first gold pour at its Kouroussa mine in Guinea
(Kitco News) - Africa-focused gold producer Hummingbird Resources (AIM: HUM) today announced first gold pour at the Kouroussa gold mine in Guinea on 08 June 2023, ahead of the end of Q2 2023 schedule and on budget.
In a statement, the company said that commissioning at Kouroussa commenced early May 2023 and having achieved first gold pour, the mine is now expected to ramp up to commercial production during H2 2023.
The Kouroussa gold mine is a high grade, over 4 grammes per tonne, open pit operation, and is the company's second operating gold asset in West Africa.
The mine is expected to produce an average of 120,000 to 140,000 ounces of gold for the first three years of commercial production, and average 100,000 ounces per annum over the current life of mine at an all-in sustaining cost (AISC) profile of c.US$1,000 per ounce.