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Gold industry in West Africa: Coris Bank renews its support for Hummingbird Resources

20/08/2024
Source : ORISHAS-FINANCE
Categories: Raw materials Sectors

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The British mining company Hummingbird Resources announced on Monday, August 19, 2024, that it had a $25 million refinancing from Coris Bank.

Coris Bank apporte depuis des années son appui à Hummingbird Resources , Property Silencing gold mines in Yanfolila (Mali) and Kouroussa (Guinea). According to the British mining company, this new facility has a term of 24 months and an annual interest rate of 12%. According to Hummingbird CEO Dan Betts, “refinancing with Coris Bank is an important step in improving Hummingbird's financial resilience.” He says that the constructive relationship with Coris has been instrumental in resolving recent issues and in the development of Hummingbird over the past few years. .

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