Founded in late 2005, Hummingbird Resources is a West African gold explorer and developer (AIM:HUM), which listed on AIM in December 2010. Since IPO the Company has significantly grown its initial resource from an initial 0.8Moz to 4.2Moz at its Dugbe Gold Project in Liberia, West Africa and with the acquisition of Gold Fields’ gold assets in Mali, Hummingbird is now a multi-project, near-term producer with a 6Moz gold resource and c5,000 km2 of exploration ground.
The Yanfolila Gold Project provides Hummingbird with a fast, simple and low cost route to production, and the Company expects to commence gold production in 2017 at an initial gold production rate of 130koz in year one. The project has excellent grade with low capex and opex.
The Company’s Dugbe Gold Project remains a key focus and the Company published a positive PEA in April 2013 and is currently progressing its Detailed Feasibility Study. Dugbe Gold Project was the first mining project in Liberia to secure investment from the IFC, a member of the World Bank Group.
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Daniel founded Hummingbird in November 2005. After graduating from Nottingham University he worked for Accenture Management Consultants until he joined the Betts family business in 2000. Founded in 1760, the family business is the oldest privately-owned gold bullion smelters and reﬁners in the country. The company has a long history of trading across the world and in dealing in all areas of the precious metal industry. While working for the Betts family business, Daniel established a number of natural resource based businesses in Uganda, Namibia, Sierra Leone, Mauritania and Peru, before founding Hummingbird Resources in 2005.