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Medusa maintains its yearly faith despite weak gold quarter

PHILIPPINES gold miner Medusa Mining has reported a weak quarterly performance but is maintaining its annual guidance range for the full year.

Michael Quinn
Production down at Medusa's Co-O mine, Philippines

Production down at Medusa's Co-O mine, Philippines

Output dropped more than 20% to 20,792oz in the December quarter, with lower scheduled grades in the mine plan being worse than expected. All-in sustaining costs were US$1346 per ounce, with Medusa's...

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