We are focussed on high-margin production, seeking to deliver the best possible value for our shareholders while never compromising our values. Through the development of the projects we stand by, we have developed as a company from an exploration team to a fully-fledged gold producer.
Founded in late 2005, Hummingbird Resources is a West African gold producer, developer and explorer (AIM:HUM), which listed on AIM in December 2010. Since IPO the Company has significantly grown its global resource inventory from an initial 0.8Moz to 6.4Moz across two countries, Mali and Liberia.
Initially focussing the majority of its resources on the Dugbe Gold Project in Liberia, the largest known gold deposit in the country, following the low-cost acquisition of Gold Fields’ gold assets in Mali in 2014, Hummingbird refocussed its attention of the high grade Yanfolila Gold Project.
The Yanfolila Gold Project provided Hummingbird with a fast, simple and low-cost route to production, and successfully achieved its first gold pour on budget and on schedule in December 2017.
The Dugbe Gold Project remains an important component of Hummingbird’s portfolio and the Company published a positive PEA in April 2013 and is currently progressing its Detailed Feasibility Study. The 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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Stephen founded Hummingbird Resources in November 2005. He has over 40 years’ experience in trading with gold and related businesses in developing countries, having established several businesses in West Africa during his career. He is the Chairman of the Stephen Betts group of companies. The family business has over 250 years’ history in smelting, reﬁning and bullion dealing.