Medusa Mining’s Hepburn-Brown eyes further growth following 2011’s record results
August 31st, 2011
Filed under: General News, Operator - Medusa Mining Ltd
As low-cost gold producer Medusa Mining (LON:MML, ASX:MLL, TSE:MLL) unveiled impressive full year earnings of US$120 million, up 64 per cent from last year, the group’s new managing director Peter Hepburn-Brown was firmly focussed on bigger and better things.
This morning’s full year results, for the twelve months ended 30 June 2011, are the first since the company began producing at a rate of 100,000 ounces a year from the Co-O gold mine in the Philippines.
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