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Medusa Mining Ltd appoints new chief executive

Medusa owns and operates the Co-O gold mine in the Philippines

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Timler has been working in mining for 30 years

Philippines-based gold miner Medusa Mining Ltd (ASX:MML) has appointed experienced mining executive Boyd Timler as its new chief executive.

A 30-year veteran in the industry, Timler’s skills and experience in operating large scale projects in international environments, and in developing brownfield projects from PFS through to production, would be a major asset as it develops its operations in the Philippines said Andrew Teo, the miner’s chairman.

Medusa operates the Co-O mine in the Philippines and has forecast production this year of between 120,000 and 130,000 ounces of gold.  

Timler said: “I am looking forward to the challenge of delivering on the company’s immense potential of the mine operations.”

Quick facts: Medusa Mining

Price: 0.715 AUD

ASX:MML
Market: ASX
Market Cap: $148.57 m
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