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PERTH-based Medusa Mining has paid $US956,000 ($A1.14 million) to Central Mindanao Mining for its 1.32% royalty interest in the Co-O gold operation in the Philippines.
In its statement to the Australian Securities Exchange, Medusa said the royalty acquisition, which includes the area covered by mineral production sharing agreement application 084-XIII, is part of
Good gold production and cost performance
Two more fatalities at Medusa mine
