Hummingbird increases third-quarter output, grade; achieves lower costs

Aim-listed Hummingbird Resources continued to make strong operational progress in the quarter ended September 30, with increased production, higher grades and lower all-in sustaining costs (AISC).

The company’s Yanfolila mine, in Mali, produced 30 484 oz of gold at an AISC of $849/oz, compared with the 27 466 oz produced at an average AISC of $998/oz in the second quarter of the year.