CAPITAL MARKETS

Strong quarter for Medusa

MEDUSA Mining has posted another solid quarter of gold production in the Philippines as it moves towards 100,000 ounces per annum in the 2011 financial year.

Kristie Batten
Strong quarter for Medusa

The Co-O gold mine produced 25,012 ounces of gold at cash costs of $US182 per ounce, slightly lower than the March quarter result of 25,505oz gold at cash costs of $182/oz. Ore milled soared to 60,611...

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