Company
Medusa Mining
ASX:MML
Medusa Mining Limited (ASX: MML) is a publicly listed, Australian based gold producer, focused solely in the Philippines and Asia Pacific. Un-hedged, high grade gold producer focused on organic growth in the Philippines Operational history in excess of 10 years FY18 production 95.7koz at an AISC of US$1,083/oz Co-O Mineral Resources reported in December 2017 of 865koz @ 10.7g/t Co-O Ore Reserves reported in December 2017 of 327koz @ 6.7g/t Excellent exploration upside (tenement portfolio of 410 km²) with high-grade gold vein targets.
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Medusa boosts production guidance for the Co-O mine
A strong performance at Co-O looks likely to stand Medusa in good stead this year
Medusa Mining fourth-quarter gold production in line with guidance, mine development continues
Medusa's resource development drilling has hit some high grades
Medusa Mining boosts quarterly production at Co-O
Medusa remains on track to produce between 90,000 and 100,000 ounces of gold in 2019
Medusa Mining revenues rise by a quarter as production climbs
Production from the Co-O mine rose to 95,700 ounces in the year to June compared to 80,700oz
Medusa Mining appoints Andrew Teo as interim chief executive officer
The gold producer said Andew Teo will replace managing director and CEO Boyd Timler with the effect from 6 July 2018
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Medusa Mining still on track to hit production guidance of between 85,000 and 95,000 ounces of gold this year
Medusa is continuing with underground development work at Co-O
Medusa Mining has number two primary gold mine in Philippines and 10-year track record of production
Medusa Mining has produced more than 700,000 ounces of gold from its Co-O mine in the Philippines so far, and there's plenty more to come
Medusa Mining ends Cambodian interest
A Memorandum of Understanding with SEA Resources that might have resulted in Medusa taking a 70% stake expired on March 1
Medusa Mining's production rises as grades tick up
First half production totalled just under 50,000oz and for the full year, Medusa has forecast between 85,000-90,000oz
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Medusa seizes Cambodian gold, copper and oil exploration opportunity
Medusa is blazing a trail into Cambodia, with a memorandum of understanding on gold, copper and oil exploration
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Tricorn Group encouraged by pipeline of new opportunties
As one might expect of a manufacturer and specialist manipulator of pipe and tubing assemblies it is all about the pipeline
Medusa Mining ups production guidance as grades improve
Output from the Co-o mine is now forecast at between 85,000-95,000 ounces against 80,000 to 90,000oz
FTSE 100 closes in positive territory, bolstered by weak pound
Footsie closed over 20 points higher at 7,348, benefitting as usual from the weaker pound.
Medusa boosts gold production at Co-O, cuts all-in costs
Gold production at the Co-O rose, while costs fell
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Medusa Mining Limited still sees plenty of potential at Co-O
In August, the Aussie-listed group said production to June 2018 should be between 80,000-90,000 ounces of gold.
Medusa Mining expects steady production this year
Production this year will be between 80,000-90,000 ounces of gold
Medusa Mining hails progress on its "five pillars of development"
Medusa drilled around 23,000 metres at Co-O in the first half of the financial year and this rate of drilling will continue in the second half
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Webis sales rise not enough to offset margin concerns
Some the largest share price rises and fall in London at 3pm: Webis, Wey Education, ValiRx
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Philippines orders mines shut: Medusa unaffected, but nickel sentiment boosted
The Philippine authorities are cracking down on environmental violations, but Medusa is unaffected
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Just a day after outlining plans to bring in up to US$1.2bn of new funds, Sirius revealed on Thursday the process was ostensibly complete.
Medusa Mining produces fewer ounces in September quarter but repeats full year guidance
The firm produced 21, 157 ounces of the yellow metal in the three months
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Medusa Mining reports revenue increase, Sphere Medical has broken into Belgium and Gfinity unveils a new sponsorship deal.
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Medusa Mining increases gold output in latest quarter
The Philippines mine produced 25,429 ounces in the three months to end June, compared to 21,980 ounces in the previous quarter.
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Medusa Mining's current work at Co-O mine supports output guidance
Work currently underway at the Co-O mine in the Philippines, supports Medusa Mining Limited's production guidance of 108,000 ounces of the yellow metal for 2016, its chief has said.
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Medusa Mining lowers production guidance for 2016
Medusa Mining Limited, which operates the Co-O mine in the Philippines, now expects production for the year of around 108,000 ounces of gold.
Medusa Mining Ltd appoints new chief executive
Medusa owns and operates the Co-O gold mine in the Philippines
Medusa Mining Limited sees near 28% increase in output in latest half year
Medusa Mining Limited, which operates the Co-O mine in the Philippines, reported a strong set of interims, which saw significant cash flow and a 27% uptick in net profit.
Medusa repeats output guidance for Co-O mine
Medusa Mining said it expects gold output from its Co-O mine in the Philippines to remain at between 120-130,000 ounces for the 2015-16 year.
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Medusa's chairman takes charge as CEO Davis retires again
Davis left the company today for the second time after being talked out of retirement last year
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Medusa Mining ups output by 19% as grades improve
The Philippines–based miner expects to produce between 120-130,000oz of gold this year.
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The big news today was the swoop for Densitron Technologies by gaming machine hardware maker Quixant.
Medusa Mining has flexibility to cope with lower gold prices says boss
Medusa’s recent focus has been to develop more resources underground at Co-O.
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Medusa Mining maintains indicated resource in Philippines
Higher confidence indicated gold resources remains largely unchanged compared to 2014, said Medusa Mining..
Medusa Mining plays down A$260mln impairment
As a result of the write-down, Medusa reported a net loss of A$218.1mln for the year to June.
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Medusa Mining meets guidance with 2015 gold output
Medusa Mining met its production guidance for the year to end June....
Medusa Mining pleased with progress of new service shaft at Co-O
The new shaft will drop to 400 metres underground and provide access to the mine between levels 3 and 8.
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Medusa Mining developing a reputation for outperformance
The Philippines-focused miner's operational improvements are paying off at its flagship Co-O mine, and it has other irons in the fire.
Medusa Mining ups production guidance
Despite some scheduled infrastructure work on the service shaft, Medusa has raised production guidance for the next financial year at its flagship gold mine in the Philippines.