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Medusa Mining Ltd (MML.AX)

MML.AX on Australia Stock Exchange

22 May 2017
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Latest Key Developments (Source: Significant Developments)

Medusa Mining reduces production guidance for FY17
Friday, 5 May 2017 04:13am EDT 

May 5 (Reuters) - Medusa Mining Ltd :Revised production guidance for FY16-17.Medusa has decided to reduce production guidance for FY17.Production guidance for FY17 has been revised to between 77,000 to 80,000 ounces of gold.June 2017 quarter production guidance is now between 20,000 to 23,000 ounces of gold.During remainder of FY17, a lower rate of VHG mining is now anticipated.Decided to reduce production guidance for FY17, due to an unexpected reduced rate of mining of very high grade gold stopes on levels 8 and 9 of CO-O mine.Comparatively lower grade stope blocks in upper levels are now anticipated to be mined for remainder of the financial year.  Full Article

Medusa Mining Ltd reports fatal accident at co's underground mine
Friday, 24 Mar 2017 02:03am EDT 

Medusa Mining Ltd : A fatal accident has occured at its Co-O underground mine on 22nd March 2017 . Incident occurred at start of dayshift on level 8, where two contract miners were assigned . Mines and Geosciences Bureau have been notified .Mine continues to operate with activites in incident area stopped while a detailed investigation is on-going.  Full Article

Medusa Mining says Philippines associate Philsaga's Co-O Operations, remains unaffected by audit report
Monday, 6 Feb 2017 12:51am EST 

Medusa Mining Ltd : Philsaga's Co-O Operations, audited by DENR in early august 2016, remains unaffected by audit report and not on DENR's published list of affected cos .Updates on Philippines Department Of Environmental And Natural Resources mine audit.  Full Article

Medusa Mining issues production guidance for FY16-17
Wednesday, 23 Nov 2016 02:44am EST 

Medusa Mining Ltd :Production guidance for fy16-17 is between 105,000 to 115,000 ounces.  Full Article

Medusa Mining update on recent seismic activity in the Philippines
Monday, 5 Sep 2016 02:41am EDT 

Medusa Mining Ltd : Update on the recent seismic activity in the Philippines . None of its employees sustained injuries during the earthquake . "Milling and mining operations have not been disrupted" . Initial reports from Agusan Del Sur Area indicate earthquake has not caused any significant structural damage .  Full Article

Medusa Mining appoints Boyd Timler as CEO
Sunday, 20 Mar 2016 09:23pm EDT 

Medusa Mining Ltd:Appointment of Boyd Timler as chief executive officer.  Full Article

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