The negotiations will focus on Mali's demand for $199m (CFA Fr125.15bn), compliance with the new mining code and the release of the seized gold.

Aim-listed gold miner Hummingbird Resources’ subsidiary in Mali has reached an agreement with that country’s government regarding operational parameters for the Yanfolila gold mine.

HUMMINGBIRD Resources said it had agreed to pay Mali $16.4m and waived VAT claims worth another $16m in return for the ...

Hummingbird Resources has finalised a $16.4m (£13.43m) agreement with Mali's military-run government to operate the Yanfolila ...

The full payment is due by June 30, 2025. The British company also agreed to have its Yanfolila gold mine comply with the country’s new mining code, adopted in 2023. Hummingbird will also forgo claims ...

Credit: yuda chen/Shutterstock. Hummingbird Resources has finalised a $16.4m (£13.43m) agreement with Mali’s military-run government to operate the Yanfolila gold mine under the country’s 2023 mining ...

Hummingbird Resources has reached an agreement with the Government of Mali regarding the application of the 2023 Mining Code ...

The miner also agreed to waive historical value-added tax credit claims of the same amount, and will present a plan to enhance production and extend Yanfolila mine’s life. Hummingbird has agreed ...