HUMMINGBIRD RESOURCES
such a low-cost producer ,” he adds .
African expansion For Hummingbird , Yanfolila is not the company ’ s first foray into Africa . The company also has exploration and development projects in Liberia and Ghana .
“ We are an acquisitive company ,” says Monro . “ We bought Yanfolila , we have a huge asset in Liberia [ 4.2 million oz . of Gold ] and we have the ability for organic growth as well as looking for any further acquisitions .”
With an eye on the future of the company , Monro stresses that right now 100 percent of the company ’ s focus is centred on bringing Yanfolila to production over a mine life of seven and a half years . That life of mine , however , is subject to change , and with further exploration and investment Hummingbird will look to move the goalposts beyond those initial seven years .
“ We have well over a million ounces of resources at Yanfolila not in the mine plan and we are looking to
34 August 2017