Hummingbird Hummingbird Resources posts lower gold production, higher costs for Q3 2022
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According to a news release, this was below the company’s expectations and primarily due to the continued underperformance of the contract miner and its fleet resulting in lower than expected mining volumes and delays in accessing the anticipated higher-grade ore zones at the Komana East orebody. The company also said that poor performance in Q3 and the delay in getting back into Komana East has resulted in the year end 2022 production guidance range being conservatively lowered to between 77,000 - 87,000 oz , while full year AISC guidance is adjusted to US$1,600 - US$1,800 per ounce .
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