Liberia: Hummingbird Resources studies hydro project

UK-based miner Hummingbird Resources has signed a co-operation agreement with IFC InfraVentures and Aldwych International to develop a 20-30MW hydropower plant in south-east Liberia. The project aims to reduce operating costs for the company’s Dugbe 1 gold project as well as providing power for the surrounding region and, in particular, the town of Greenville, the Alternative Investment Market-listed company said in a stock exchange filing on 7 April.