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Hummingbird to start Guinea mine build in December quarter

AIM-listed gold junior Hummingbird Resources has sourced the funding needed to bring its Kouroussa project in Guinea into production, with construction slated to begin this quarter.

Hummingbird to start Guinea mine build in December quarter Hummingbird to start Guinea mine build in December quarter Hummingbird to start Guinea mine build in December quarter Hummingbird to start Guinea mine build in December quarter Hummingbird to start Guinea mine build in December quarter

Hummingbird Resources' CEO Dan Betts

The company has secured US$100 million in debt from Coris Bank (8.5% over four years), a West Africa-focused investment company controlled by Burkinabe businessman Idrissa Nassa.