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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Matthew founded Hummingbird in November 2005 and he has 20 years’ experience in natural resource companies. He is a founder and Chief Executive Officer of AIM quoted Rose Petroleum plc and also founder and director of Seamwell International Ltd, a private company developing underground coal gasiﬁcation (UCG) projects in China. From 1995 to 2001 he worked as an associate director at Laing and Cruickshank Investment Management, part of the Credit Lyonnais Group.