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Medusa improves numbers

THE yet-to-be appointed CEO of Medusa Mining will take the reins of a company that has recorded a $US31.4 million profit in the half year ending December 2015, with similar operational performance at its Co-O mine in the Philippines expected in the current half.

Michael Quinn
Medusa improves numbers

The profit number looks especially strong versus production for the half of 61,169 ounces at all-in-sustaining-costs (AISC) of $951 per ounce and an average received price of $1109/oz (with cash costs...

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