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MINING News
No matter how hard they try, competitors just can’t deliver genuine Cat quality. Make sure you’re using genuine Cat ® parts - the only parts built specifically for your Cat machine. Call us on 010 040 3891 or visit http://bwe.mobi/catfilters to learn more about why genuine is important. Making sure you have easy access to genuine Cat parts - that’s the way we’re built. YOUR CAT ® MACHINE KNOWS FOR PEACE OF MIND FIT CAT ® ORIGINAL FILTERS • Cat Fuel Filters can increase injector life by 45% • Cat Extended Life Coolant reduces coolant and additive costs by 500% • Cat Oils can save as much as 15% in oil costs • 12 Month warranty on all Cat parts © 2015 Caterpillar. All Rights Reserved. CAT, CATERPILLAR, BUILT FOR IT™, their respective logos, “Caterpillar Yellow,” the “Power Edge”trade dress as well as corporate and product identity used herein, are trademarks of Caterpillar and may not be used without permission.Hummingbird Resources, which is devel-
oping the 1,8 Moz Yanfolila gold project
in Mali, has announced that Taurus Funds
Management has extended the US$10 mil-
lion bridge facility by a further US$5million
for the on-going development work at
Yanfolila. Additionally, plant earthworks
are now complete ahead of commencing
full-scale construction with the first gold
pour targeted in 2016.
“The extension of the bridge facil-
Plant earthworks for Yanfolila completed
ity allows Hummingbird to maintain its
schedule as we conclude all the necessary
technical, financial and legal due diligence
prior to first draw on themain facility,”com-
ments Dan Betts, CEO of Hummingbird
Resources.
“This extension demonstrates both
Taurus’ continued commitment to the
development of the Yanfolila gold proj-
ect and their belief in the robust nature of
the project at a time when the gold mar-
ket appears to be suffering in confidence.
Hummingbird is delighted to be working
with such a supportive partner to develop
this project.
“We have recently completed the plant
earthworks which consisted of the exca-
vation, landscaping and compaction of
over 80 000 cubic metres of earth and we
continue to believe that the development
of Yanfolila during the downturn will set
Hummingbird apart as a cash generative
miner offering investors leveraged expo-
sure into the gold space.”
Earthmoving machinery at work at the Yanfolila site in Mali. The plant earthworks have recently been completed (photo: Hummingbird Resources).