PRECIOUS METALS

Hummingbird to miss 2018 guidance

African gold producer Hummingbird Resources (AIM:HUM) does not expect to reach its 2018 gold production guidance of 105,000-115,000 ounces after pit stability issues were identified at the Komana East pit of its Yanfolila gold mine in Mali.

Gold production at Yanfolila was softer in the September quarter and isn't expected to be much better in the December quarter

Gold production at Yanfolila was softer in the September quarter and isn't expected to be much better in the December quarter

The issues were expected to negatively impact production for the December quarter, as they were a risk to safe mining directly below its western wall and required rehabilitation work. CEO Dan Betts...

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