Hummingbird Resources has announced that in line with the imminent commencement of gold production from its Yanfolila gold mine in Mali, the company will be producing Single Mine Origin (SMO) pure gold coins, originating from Yanfolila, called the “1oz Hummingbird”.

The 1oz Hummingbird will be part of a collection of seven coins to be launched officially in 2018, offering the rare opportunity to own an item of SMO gold. In line with Equator Principles, each coin will seek to exemplify Hummingbird’s commitment to quality and best practice; for every ounce of gold Hummingbird produces from Yanfolila, it will be investing in its community-based projects across West Africa.

The 1oz Hummingbird is intended to be a collectable coin minted with the portrait of Musa I of Mali, the richest man in history. The collection will comprise of six other coins representing Hummingbird’s industry, journey and company values: Explore; Develop; Mine; Produce; Community; and Conserve.  Full sets of seven gold coins will be presented in a commemorative box and all coins will be priced based on the spot gold price at the time of purchase.  Hummingbird is prepared to purchase any sold coins directly back from the customer for 98% of the spot gold price at the time of the re-purchase costs.

Each coin will be crafted from 1oz pure gold from the Yanfolila gold mine in Mali.  The company intends to commence sales in Q1 2018, with first delivery of coins targeted by end of H1 2018.