CAPITAL MARKETS

Medusa output hit by downtime

MEDUSA Mining has been forced to drop its full-year guidance to 60,000-65,000 ounces of gold from 75,000oz due to unscheduled maintenance at its Co-O gold mine in the Philippines.

Kristie Batten
Medusa output hit by downtime

The company expects to lose 10-14 days of production in the June quarter due to an electrical upgrade as part of the Co-O plant expansion. Four large leach tanks have been taken offline following a...

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