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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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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A look back at the main news stories in the small cap mining world this week
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.
Investments and investor services
Proactive weekly mining round up including Galantas, Shanta, Sirius, Wolf Minerals, Ariana and more
There was a lot of news this week in the world of the small cap miners.
Investments and investor services
Proactive news summary including shanta Gold, Mariana Resources, Sirius Minerals, SolGold, Globo...
There was a lot of news to get through today in the world of small caps...
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.
Proactive weekly mining news summary: Xtract, Mariana, Medusa, Obtala, Hummingbird and more
Beating expectations this week was Xtract Resources after it announced its Chepica mine returned to profitability in May, at least three months ahead of schedule.
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Proactive news summary, including Tertiary Minerals, Medusa Mining and Ormonde Mining
A mixed bag but mining was prominent. Shares in flourspar explorer Tertiary Minerals rose after i upgraded the resource at its MB project in Nevada, USA, by more than double.
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.