Medusa targets 100,000oz

MEDUSA Mining has tipped production of 90,000 to 100,000 ounces of gold for this financial year, with its E15 service shaft set to be completed in October to help bolster output from its Co-O mine in the Philippines.

Medusa targets 100,000oz Medusa targets 100,000oz Medusa targets 100,000oz Medusa targets 100,000oz Medusa targets 100,000oz

The E15 shaft is nearing completion

The miner had produced 95,705oz in the year to June 30 at all-in-sustaining-costs of US$1083/oz, ahead of an improved production forecast of 85,000 to 95,000oz and in-line with AISC guidance.

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