Currently viewing Global edition

Hummingbird sees costs jump in September quarter

Hummingbird Resources, the Mali and Liberia-focused gold junior, saw all in sustaining costs jump by 30% in the September quarter as a wetter than usual rainy season, COVID-19 and the closure of Mali’s border following a military coup took their toll.

Hummingbird sees costs jump in September quarter Hummingbird sees costs jump in September quarter Hummingbird sees costs jump in September quarter Hummingbird sees costs jump in September quarter Hummingbird sees costs jump in September quarter

Hummingbird Resources' Yanfolila operations in Mali

AISC for the quarter amounted to US$1,283/oz, up from US$983/oz in Q2.

The company said there would be an impact on full year cost guidance of US$995/oz.