Medusa Lifts Gold Production 26pc at Co-O Mine
July 23rd, 2009
Filed under: Operator - Medusa Mining Ltd
Source: RWE Equity Business News Service trackingCOMNEWS MML SYDNEY 1001/1/1 MML - Company Announcement $gen0 22 July 2009
Sydney - Wednesday - July 22: (RWE Australian Business News) - Medusa Mining Ltd (ASX:MML) reports gold production at the Co-O Mine in the Philippines was 16,009 ounces in the June quarter (a 26pc increase from the previous quarter’s production) at an average grade of 14.28g/t gold and cash costs of $US198 per ounce.
For the year ended June 30, the Co-O Mine produced a total of 47,869 ounces at an average grade of 13.30g/t gold and cash costs of $US213 per ounce.
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