CAPITAL MARKETS

Hummingbird in non-core spin off

After raising US$71 million in equity to build its Yanfolila gold project in Mali, AIM-listed Hummingbird Resources has decided to build on this momentum through a pact with fellow Africa-focused junior Kola Gold.

The pact with Kola will allow Hummingbird to concentrate on Yanfolila (pictured) and Dugbe

The pact with Kola will allow Hummingbird to concentrate on Yanfolila (pictured) and Dugbe

Under the memorandum of understanding, Hummingbird will amalgamate some of its non-core gold exploration permits in Mali with a number of Kola’s permits in Mali and Senegal, injecting these assets into...

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