Mali: Hummingbird Resources Earned $37M from Yanfolia Gold Mine in Q1 2024 (ECOFIN)
The price of gold has been steadily rising, surpassing $2,400 per ounce in April 2024. However, not all gold producers are reaping the benefits equally, as seen in the performance of Mali's Yanfolila gold mine. Hummingbird Resources, the British owner, reported a 38% year-on-year production decrease to 16,999 ounces in...