| Medusa Mining Limited: Fatality Underground | |
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COMO, WESTERN AUSTRALIA--(Marketwired - Feb 13, 2014) - Medusa Mining Limited (MML.AX)(MML.L) ("Medusa" or the "Company"), through its Philippines operating company Philsaga Mining Corporation regrets to inform that a fatal accident happened at the Co-O underground mine yesterday, 12 February 2014. The incident occurred in a stope on the 5 level where a contract miner and his two assistants were cleaning up around an ore pass. Initial investigation reveal that the cause of the incident was the result of a dislodged large rock that hit an assistant, firstly knocking him down the ore pass and then unfortunately landing on the employee's abdominal region at the bottom of the ore pass. The assistant was rescued and immediately taken to the company hospital for medical treatment for multiple abrasion and blunt abdominal trauma. He was then transported the Davao Regional Hospital in Tagum Hospital for hospitalisation but was pronounced dead on arrival. All relevant Government departments have been notified and the Company is providing a full range of support services to the deceased's family. ABN: 60 099 377 849
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Medusa Mining Ltd
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EXPLORATION STAGE |
CODE : MML.AX |
ISIN : AU000000MML0 |
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Medusa Mining is a gold and copper producing company based in Australia. Medusa Mining holds various exploration projects in Philippines. Its main exploration properties are CO-O, CORPLEX, ABACUS, ANOLING and APICAL in Philippines. Medusa Mining is listed in Australia, in Canada, in Germany and in United Kingdom. Its market capitalisation is AU$ 125.7 millions as of today (US$ 90.7 millions, € 89.2 millions). Its stock quote reached its highest recent level on June 03, 2011 at AU$ 8.60, and its lowest recent point on June 27, 2017 at AU$ 0.27. Medusa Mining has 207 790 000 shares outstanding. |