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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ASX large cap resource rally led by Lynas Corporation, Fortescue, PanAust and Alumina
Resource companies at the big end of town are being re-rated today as bulls overpower bears - highlighted by 18 of the 20 biggest ASX listed resource stocks in the green in afternoon trade.