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MEDUSA MINING LIMITED
ABN: 60 099 377 849
Unit 7, 11 Preston Street
Como WA 6152
PO Box 860
Canning Bridge WA 6153
Telephone: +618-9367 0601
Facsimile: +618-9367 0602
Email: [email protected]
Internet: www.medusamining.com.au
ANNOUNCEMENT
21 January 2014
OPERATIONS UPDATE
(ASX & LSE: MML)
Medusa Mining Limited ("Medusa" or the "Company"), through its Philippine operating company Philsaga Mining Corporation, wishes to announce the following:
There has been an intense Low Pressure System situated over the southern section of Mindanao for the past two weeks resulting in heavy rains, which has caused extensive flooding. Several sections of the highway from Davao to the mine site are inaccessible as a result of flooding.
At the Company's operations, incessant rain has caused slippages and landslides in several areas around the mine and as a precautionary measure, the Company has ceased all mining activities.
There have been no reported injuries.
The Company will release updates as and when the situation changes.
For further information please contact:
Australia
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Medusa Mining Limited
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+61 8 9367 0601
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Peter Hepburn-Brown, Managing Director
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United Kingdom
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SP Angel Corporate Finance LLP (Financial Adviser & Broker)
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+44 (0)20 3463 2260
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Ewan Leggat/Laura Littley
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Medusa Mining Ltd
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EXPLORATEUR |
CODE : MML.AX |
ISIN : AU000000MML0 |
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Medusa Mining est une société de production minière d'or et de cuivre basée en Australie. Medusa Mining détient divers projets d'exploration aux Philippines. Ses principaux projets en exploration sont CO-O, CORPLEX, ABACUS, ANOLING et APICAL aux Philippines. Medusa Mining est cotée au Canada, au Royaume-Uni, en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 125,7 millions AU$ (90,7 millions US$, 89,2 millions €). La valeur de son action a atteint son plus haut niveau récent le 03 juin 2011 à 8,60 AU$, et son plus bas niveau récent le 27 juin 2017 à 0,27 AU$. Medusa Mining possède 207 790 000 actions en circulation. |