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Mali annual gold production up 5 pct to 49.6 T

2018-01-17 reuters
BAMAKO, Jan 17 (Reuters) - Industrial gold production in Mali rose to 49.6 tonnes in 2017, up 5 percent from the previous year, a senior Mines Ministry official said on Wednesday. (4-0)

Top 20 Gold Mining Stocks For 2018

2018-01-02 seekingalpha
Above are my Top 20 gold mining stocks for 2018. All of these companies have large resources and are highly undervalued based on their cash flow potential at higher gold prices. They are on this list primarily because of their upside potential. These are either producers or development stocks, although there is one optionality play (Goldmining Inc). (75-4)

African Gold Group Announces Termination of Negotiations With Hummingbird Resources and is Evaluating all Legal Rights and Remedies

2017-12-13 marketwired
TORONTO, ONTARIO--(Marketwired - Dec. 12, 2017) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") announces that the binding letter of intent with Hummingbird Resources plc ("HUM") announced on September 27, 2017 has terminated and that all further negotiations regarding the execution of a definitive agreement for a strategic investment by HUM and ongoing joint development of the Company's Kobada gold project have ceased.

Hummingbird Resources On Schedule And On Budget For First Gold Pour In Less Than 2 Months

2017-11-09 seekingalpha
Hummingbird Resources (OTCPK:HUMRF) disclosed in its Q3 2017 review that it remains on track and budget to deliver first gold from its Yanfolila project in Mali by the end of 2017. It’s very rare for a gold miner to deliver a project without delay and on budget and I think that Hummingbird will be up for a re-rating as a producer if all goes well to first gold pour and start of commercial production.

African Gold Group On Path To Production After Win-Win Deal With Hummingbird

2017-10-11 seekingalpha
Hummingbird to to buy up to 19.2% of African Gold Group at large premium to market price. (5-0)

Resource Sector Digest: Production Delays Are Very Common In The Mining Sector!

2017-10-03 seekingalpha
According to the Royal Bank of Canada, only 65% of the new mines reach the nameplate capacity within two years. (92-0)

African Gold Group, Hummingbird to jointly develop Malian gold

2017-09-27 reuters
LONDON, Sept 27 (Reuters) - African Gold Group and Hummingbird Resources on Wednesday said they had conditionally agreed on an $6.4 million deal for Hummingbird to operate the Kobada Gold Project in Mali.

Hummingbird Resources Is Getting Ready To Fly

2017-07-28 seekingalpha
Hummingbird's Yanfolila mine is still on track and expected to achieve "first gold pour" within the next five months.

Volcanic advances exploration of artisanal gold workings at the Mandiana Project, Guinea; identifies further mineralized target zones

2017-07-26 marketwired
Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report details of its mapping and prospecting program at its Mandiana Project in Guinea. Recent field activities have focused on a linear zone of artisanal workings 6.3km in length and up to 550m in width at Tadibakourou, at which coarse gold has been recovered from numerous shallow pits and shafts.

Resource Sector Digest: Analyst Target Prices For Gold Are Excellent Contrary Indicators

2017-07-24 seekingalpha
One bank cut its target price right at the 2-month low and right before the gold price shot up again.

Volcanic's drilling at the Mandiana Project, Guinea, intersects broad mineralized intervals including 68m @ 2.01 g/t Au, delineates significantly expanded mineralized target area

2017-07-13 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 13, 2017) - Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report initial results of its exploration drilling campaign at its Mandiana Projects in Guinea. To date, a total of almost 3,000m of reverse-circulation ("RC") and diamond drilling, and over 15,000m of air-core drilling, have been completed at Mandiana and at lands recently optioned from West African Mining Associates SARL ("WAMA").

Final Results

2017-06-29 londonstockexchange
Paternoster Resources plc (AIM: PRS), an investment company focused on the natural resources sector, is pleased to announce its audited final results for the year ended 31 December 2016.

Result of AGM

2017-06-21 londonstockexchange
Hummingbird Resources (AIM: HUM) is pleased to announce that all resolutions were duly passed at its Annual General Meeting held today.

Increases Stake in Yanfolila Ahead of Production

2017-06-13 londonstockexchange
Hummingbird Resources (AIM: HUM) is pleased to announce it has acquired an additional 5% interest and a 1% royalty in the Yanfolila Gold Project in Mali ("Yanfolila" or "the Project") for US$2 million, increasing its stake to 80% ahead of its first gold pour from Yanfolila targeted by the end of 2017. 

Volcanic Provides Update on Drilling Activities at the Mandiana and WAMA Projects, Guinea, and Announces High-Resolution Airborne Magnetic Survey

2017-06-08 marketwired
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 8, 2017) - Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report on the progress of exploration drilling at its Mandiana Project ("Mandiana"), as well as at the contiguous lands recently acquired under option from West African Mining Associates SARL ("WAMA") in Guinea. A total of almost 3,000m of reverse-circulation and diamond drilling, and over 6,000m of air-core drilling have now been completed at these projects.