COMPANIES

Don't give up, don't give in

Under the stewardship of Dan Betts, Hummingbird Resources first defined a plus-4 million ounce gold deposit in Liberia, Dugbe, then bought itself a smaller high grade resource in Mali, Yanfolila, representing a more palatable development opportunity for the current market. Yanfolila has been moved rapidly through the assessment and financing stages and will start production next year, while Betts has signed a 25-year Mineral Development Agreement for Dugbe. Such progress in this market has earned Betts praise for his innovation, determination, and dynamism.