Hummingbird Resources PLC - gold miner with operations in Mali, Guinea and Liberia - Signs agreement on CIG loan extension with CIG SA and Nioko Resources Corp. The outstanding balance will mature on February 28.

The company said on Monday that its Yanfolila gold mine continues to generate losses in December and will ‘struggle to break even for the forseeable future’. It reduced its 2024 production guidance to 95,000-100,000 ounces, compared to the most recent guidance of 100,000-115,000 ounces and the original guidance at the start of the year of 165,000-200,000 ounces.

Current stock price: 2.10 pence, closed down 4.6% on Tuesday afternoon in London

12-month change: down 78%

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