Finally on the right track
Last week, Mali-focused gold miner Hummingbird Resources (OTCPK:OTCPK:HUMRF) released its production and cost figures for the second quarter of 2019, and just as I predicted in my latest SA article on the company, it was a much stronger quarter compared to the last few ones:
(Source: Hummingbird Resources)
Yanfolila's production was in line with the lower end of 2019 guidance which was set at 110,000-125,000 ounces of gold at all-in sustaining costs (AISC) of $800-850 per ounce. The AISC numbers are still not where they should be, but